conversion
noun
Synonyms
Examples of conversion in a Sentence
Jon Jacobson, Forbes, 21 Nov. 2024
The filing also details various financial agreements, including debt conversion agreements and convertible note agreements.
—Quartz Bot, Quartz, 19 Nov. 2024
Jennings delivered what should have been a winning touchdown catch earlier in the fourth quarter on a drive that stayed alive with a pair of his third-and-long conversions.
—Cam Inman, The Mercury News, 17 Nov. 2024
One firearm carried a machine gun conversion device, commonly called a Glock Switch.
—Jade Jackson, The Indianapolis Star, 15 Nov. 2024
See all Example Sentences for conversion 
Dictionary Entries Near conversion
Cite this Entry
“Conversion.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/conversion. Accessed 26 Nov. 2024.
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conversion
noun
Medical Definition
conversion
noun
Legal Definition
conversion
noun
Note: Equitable conversion is a legal fiction under which the seller of a real property becomes, upon the execution of a contract for the sale of the property, the owner of personal property in the form of legal title to the property that secures payment of the purchase price. The purchaser is deemed to be the holder of equitable title in and owner of the real property, having the rights and being subject to the liabilities that attend that status. In the case of a will in which a property owner authorizes the sale of real property and distribution of the proceeds, the property transforms into personalty by equitable conversion upon the owner's death.
Note: For income tax purposes, involuntary conversions are generally taxable, and the gain or loss is computed by offsetting the basis of the property against the compensation received (as from insurance).
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