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Simple English definitions for legal terms

conversion premium

Read a random definition: disaffirm

A quick definition of conversion premium:

Conversion premium: When a security is sold at a price higher than its conversion price, the extra amount is called the conversion premium.

A more thorough explanation:

Definition: Conversion premium refers to the amount by which a security is sold above its conversion price.

Example: Suppose a company issues convertible bonds with a face value of $1,000 and a conversion price of $50 per share. If the market price of the company's common stock is $60 per share, the conversion premium would be $10 per share or 20% ($60 - $50 = $10).

The example illustrates that investors are willing to pay a premium to convert their bonds into common stock because they believe that the stock price will continue to rise in the future. The conversion premium reflects the market's expectation of the stock's future performance.

conversion divorce | conversion price

General

General chat about the legal profession.

General >T14 Off Topic

👍 Chat vibe: 0 👎

texaslawhopefully

21:03

Congrats1!

Ratratta

21:15

Miami A, yall I'm so excited I could cry.

Ratratta

21:15

Feel like I can finally stop holding my breath!! Whew!!!

[] baddestbunny

22:16

every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles

Dkk

22:32

Nice! @Macaque

Dkk

22:32

@Aromatic, Have to guess.

Dkk

22:33

That sucks @Bunny do you have to go to the hospital?

[] baddestbunny

22:40

I said accosted not assaulted

JazzyGazelle

23:35

guys. my notre dame address just went long is this good or bad

1a2b3c4d26z

23:37

Oooooo me too

JazzyGazelle

23:37

omg is this good or bad

Dkk

23:47

Idk if gender roles are gunna fix that then.

JazzyGazelle

23:49

it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??

180SupremeWarrior

23:53

hows ED 2 compared to ED 1?

Dkk

0:10

No idea

windyMagician

0:34

reporting live to say my ndls address also went long

JazzyGazelle

0:59

does it mean anything ^

Dkk

2:21

NDLS and Fordham took a very long time last year. It's good info for people to know.

[] baddestbunny

4:29

let’s get after it boys and girls

Dkk

5:21

I gtg to bed soon.

Dkk

5:22

Big day today. Gunna be a crazy one. I will sleep through the first half.

jackfrost11770

5:37

good morning lsd it is 5 am EST

jackfrost11770

5:37

also jazzy my ndls address went long ages ago i sadly do not think it means anything

jackfrost11770

5:38

my stanford address also went long LOL i think at most it's an indicator it's under review

WorthlessAttractiveZombie

7:44

My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs

WorthlessAttractiveZombie

7:46

Also has anyone's date disappeared for W&L? Mine did last night

Manysko

7:55

@WorthlessAttractiveZombie: mine did yesterday morning

Manysko

7:56

Oops sorry I meant Vilanova. Mine disappeared last week

soapy

8:48

UMN under review! As predicted, decisions are gonna come out early December

HowlEngineer

8:57

Minus those random R decisions from UMN yesterday though right? I wonder what happened there. I don’t think I’ve seen a school start the season out with anything but As on here

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