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Conversion parity
The price that an investor effectively pays for common stock by purchasing a convertible security, such as a bond or preferred stock, and then exercising the conversion option. Also called Market Conversion Price.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
- Product:
- Acronym-Abbreviation:
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