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conversion value
con·ver·sion val·ue


noun 
Definition:
 
convertible security's immediate value: the value of a convertible security when converted, e.g. when convertible bonds in a company are exchanged for its 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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