Conversion Period

Conversion Period

The time period during which an investor can exchange a convertible security for common stock.

Conversion Period

The period of time during which a convertible security may be exchanged for common stock. The length of the conversion period depends upon the particular security; sometimes it lasts until maturity and sometimes it expires. If a conversion period has an expiration date, the issuing company may extend it at its discretion. See also: Conversion ratio.

conversion period

The time during which a convertible security may be exchanged for other assets. Most conversion periods extend for the lives of the convertible securities (until maturity for bonds), although some periods are limited. A conversion period occasionally may be extended by the issuer.