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Conversion Price

What does it mean?
The price per share at which a convertible security can be converted into common stock.

In Other Words...
The price is announced when the convertible is issued.

Related Links
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Related Terms
Busted Convertible Bond | Contingent Convertible | Convertible Bond | Convertible Preferred Stock | Convertibles | Mandatory Convertible

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Image Financial LLC is not a registered broker-dealer, but rather works in coordination with fully licensed broker-dealers, SIPC-insured clearing firms, and private trading firms to provide licensed and non-licensed clients with access to career trading programs and direct access trading capabilities.  Our firm and our network affiliates strongly recommend that all clients fully read and acknowledge all SEC risk disclosure statements available on our site and our affiliate broker-dealer websites prior to engaging in any live trading activity, and acquire a solid understanding of the risks inherent in active "day" trading.