The change made to a convertible security's conversion factor when the tradable stock supporting the convertible splits. Sometimes, an adjustment in conversion is a pre-determined or planned event. The adjustments take place to protect the holder of the convertible from any related changes.
Related information about adjustment in conversion:
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A term used to describe the adjustment made to a convertible securities' conversion factor when the exchangeable stock underlying the convertible undergoes a ...
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A change in the conversion price of a convertible security. The conversion price is the price the holder of a convertible security pays in order to exchange the ...
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Definition of adjustment in conversion terms: A term to describe an adjustment that is made to the conversion factor of a convertible security when the ...
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adjustment in conversion terms definition: An alteration in the terms under which a convertible security may be exchanged. For example, if an issuer implements ...
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adjustment in conversion terms investment & finance definition. An alteration in the terms under which a convertible security may be exchanged.
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(d) Adjustment in conversion ratio. (1)(i) Except as provided in subparagraph (2) of this paragraph, if a corporation has convertible stock or convertible securities ...
- Type Conversion Functions
These functions are compiled inline, meaning the conversion code is part of the code that evaluates the expression. Sometimes there is no call to a procedure to ...