See Also: Conversion; Conversion Rights(law)
Conversion value(money)
Conversion(money)
CONVERSION(law)
Conversion value(finance)
Conversion(finance)
Conversion(health)
Conversion(medicine)
conversion(dictionary)
conversion(dictionary)

CONVERSION (law)


CONVERSION, in equity, The considering of one thing as changed into another; for example, land will be considered as converted into money, and treated as for example, land will be considered as converted into money, and treated as such by a court of equity, when the owner has contracted to sell his estate such by a court of equity, when the owner has contracted to sell his estate in which case, if he die before the conveyance, his executors and not his in which case, if he die before the conveyance, his executors and not his heirs will be entitled to the money. 2 Vern. 52; S., C. 3 Chan. R. 217; 1 heirs will be entitled to the money. 2 Vern. 52; S., C. 3 Chan. R. 217; 1 B1. Rep. 129. On the other hand, money is converted into land in a variety B1. Rep. 129. On the other hand, money is converted into land in a variety of ways as for example, when a man agrees to buy land, and dies before he of ways as for example, when a man agrees to buy land, and dies before he has received the conveyance, the money he was to pay for it will be has received the conveyance, the money he was to pay for it will be considered as converted into lands, and descend to the heir. 1 P. Wms. 176 2 considered as converted into lands, and descend to the heir. 1 P. Wms. 176 2 Vern. 227 10 Pet. 563; Bouv. Inst. Index, h.t. Vern. 227 10 Pet. 563; Bouv. Inst. Index, h.t.





Others:






unauthorized assumption of the right of ownership. Conversion is a central feature of the crime of embezzlement, as in the unlawful conversion of the personal property of another, by a person to whom it has been entrusted.







Others:


In bankruptcy, the converting of a case from one chapter to another.







Others:


changing from one form to another, as in converting from analog to digital (also called digitization), or paper to online (as in retrospective conversion of a card catalog to an online catalog, or old books to scanned images.