TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

conversion privilege [2 records]

Record 1 2010-09-28

English

Subject field(s)
  • Stock Exchange
  • Investment
CONT

For example, one may be able to switch between mutual funds in a fund family without incurring a penalty. Likewise, one may exchange a convertible bond to common stock in the issuing company. Sometimes, one even may be able to change an adjustable-rate mortgage into a fixed-rate mortgage. All of these examples describe a conversion feature on the investment vehicles.

French

Domaine(s)
  • Bourse
  • Investissements et placements
DEF

Droit accordé aux porteurs de certains titres, d'échanger ces derniers contre un nombre déterminé d'autres titres du même émetteur.

Spanish

Save record 1

Record 2 2000-07-12

English

Subject field(s)
  • Life Insurance
DEF

conversion privilege: right of individual covered by a group or by a convertible term life insurance policy to purchase other stated types of insurance without a physical examination.

French

Domaine(s)
  • Assurance sur la vie
CONT

Lors d'un départ, un assuré bénéficie d'un sursis de 31 jours pour transformer son assurance-vie collective en assurance-vie individuelle sans remplir de questionnaire médical. Lors de la prise de retraite, certains régimes collectifs n'offrent pas de droit de transformation.

Spanish

Save record 2

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