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conversion price
con·ver·sion price
(
plural
con·ver·sion pric·es
)
noun
Definition:
stock value justifying conversion of bond:
a value that a company's shares must reach in order for it to be worthwhile to change the company's convertible bonds into shares
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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