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English definition of “conversion”

conversion

noun [C or U]
 
 
/kənˈvɜːʒən/
the process of changing from one type of system or organization to another: currency conversionsconversion into sth the conversion of euros into US dollarsconversion (from sth) into sth the building society's conversion from a mutual organization into a public limited companyconversion to sth Conversion to digital TV will take place over a number of years.
FINANCE, STOCK MARKET the process of exchanging preferred shares (= shares that give you special rights) for ordinary shares: The interest rate and conversion price will be determined before the offering closes.
IT the process of changing computer data so that it can be read by a different software program: file conversion
LAW the illegal act of giving away or selling property that belongs to someone else
→ See also cash conversion, fraudulent conversion
(Definition of conversion from the Cambridge Business English Dictionary © Cambridge University Press)
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