LSDefine

Simple English definitions for legal terms

conversion premium

Read a random definition: neutron-activation analysis

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 👎

babycat

11:10

yeah fuck gtown btw

LSDFan

11:10

they don't even kick doors. They put C4 in a dip can and tape it to the wall

EvolBunny

11:10

I am sure they kick some doors but yes

Mostlylegal

11:11

@EvolBunny: im a uki

babycat

11:11

terrible admin

BulbasaurNoLikeCardio

11:11

@babycat: I wonder why gtown felt what they said was a good idea and how secure that individual felt in their job to believe there would be no backlash.

Dkk

11:11

please, tell me more about Europa: The Last Battle @MostlyLegal

Mostlylegal

11:11

nothing you dont already know

Dkk

11:12

Lmfao, damn out of messages again. Time to go sit in the hot tub.

EvolBunny

11:12

@BulbasaurNoLikeCardio: honestly fuck these schools

EvolBunny

11:12

The way they act is so cringe and gives mad ick

babycat

11:12

@BulbasaurNoLikeCardio: people are saying this has been a pattern with them

babycat

11:12

imagine being a religious school and not supporting mothers. practice what you preach!

EvolBunny

11:12

Fuck dem hoes

Mostlylegal

11:13

Child bearing people*

Mostlylegal

11:13

i cant spell fuck dont correct me

EvolBunny

11:15

Anywayyyyy, i think today i will withdraw all my apps

EvolBunny

11:15

This lsat is not doing it

babycat

11:15

lol live ur truth

Mostlylegal

11:15

ASU at 154 is damn good

Mostlylegal

11:15

154 scholly

BulbasaurNoLikeCardio

11:15

It is shitty that was a pattern of behavior but I am glad someone is finally standing up for themselves. Like I can be a pretty rigid butthole guy when it comes to getting stuff but a complete lack of empathy or situational awareness shown by the school and their staff is mind blowing. When I was talking about it in the office they all thought I was lying cause it sounds so crazy.

Dkk

11:16

@babycat: ahh link me something. Idk what you are talking about with GTown and mothers and all that.

renard99

11:16

Idk if any of you watch UFC but one time interim heavyweight champ Tom Aspinall won a fight and said on the mic afterwards “if you feel scared to do something, that’s a pretty good sign you should just go fucking do it” and I believe that applies very much to people wondering if they should R&R. Sure you can but why not just see what happens now?

babycat

11:16

School fucked up so bad they got hellwoods to sign a petition

Mostlylegal

11:16

Ive also heard their career center is awful too, I think its why it will never be anything but 14-15

JumpySubsequentDolphin

11:17

@Dkk: i think a law student was pregnant and due to give birth a few days before finals and they refused to accomodate her

babycat

11:17

@Dkk: https://www.reddit.com/r/LawSchool/s/52TFGp7T5k

JumpySubsequentDolphin

11:17

accommodate*

EvolBunny

11:17

@Mostlylegal: yeah and i was thinking fuck it just go party for three years but i got other options and need to start building, top law schools were worth that 3 year pause but i am not sure i can do that for asu and their outcomes

LSD+ is ad-free, with DMs, discounts, case briefs & more.