Conversion The civil wrong (tort) of wrongfully using another's personal property as if it were one's own, holding onto another's property that accidentally comes into one's hands, ...
A legal action against a person who found and converted someone else property to his own use.
Related Terms: Trover ...
"Conversion condominium" means a condominium in which there is a building, improvement or structure that was occupied prior to any negotiation and that is:
(a) Residential in nature, at least in part; and ...
; Rights: Rights allowing the holder of shares of stock or other financial instrument to convert to other shares of stock.
A position created by selling a call option, buying a put option, and buying the underlying instrument (for example, a futures contract), where the options have the same strike price and the same expiration. See Reverse Conversion.
PREMIUM - The amount, expressed as a dollar value or as a percentage, by which the price of the convertible security exceeds the current market value of the common stock into which it may be converted.
The action of conversion is a common law legal proceeding for damages by an owner of property against a defendant who came across the property and who, rather than return the property, ...
In bankruptcy, the converting of a case from one chapter to another.
When a debtor in possession under Chapter 11 decides to allow the case to become a Chapter 7 liquidation case, the case is converted to a Chapter 7.
Conversion. Changing into another state or condition.
Trover and conversion. The action for damages for a conversion, maintainable by him who has the right to immediate possession. 3 Bl. Com. 152; 127 Mass. 64.
n. a civil wrong (tort) in which one converts another's property to his/her own use, which is a fancy way of saying "steals.
The act of assuming and exercising right of ownership over personal property belonging to another, altering its condition or excluding the real owner's rights.
Definition - Noun
1 a : the act of changing from one form or use to another
b : the act of exchanging one kind of property for another
A conversion divorce is a divorce filed under the grounds of living apart for one year or more for either a judicial separation (DRL 170(5)) or a written separation agreement (DRL 170(6)) as grounds.
trover and - William C. Anderson, A Dictionary of Law (1893) - English
true bill - Bouvier 1856 - English
trust arrangement - Internal Revenue Service - United States Department of Treasury - English ...
Conversion: Legal proceeding for damages by a property owner against a defendant who found property and converted it to his own use - that is, retained it or otherwise interfered with it.
It is the english of the Latin phrase "post hoc ergo propter hoc" which simply means "after this, therefore because of this".
See also: battery conversion damages defamation fraud libel negligence slander trespass wrongful death assault
The People's Law Dictionary by Gerald and Kathleen Hill Publisher Fine Communications ...
gasification : of solid material such as coal into a gas for use as a fuel.
Encryption is the conversion of data into a form not readily understood by unauthorized people, called cipehertext. Decryption is the conversion of encrypted data back into its original form, so it ...
where the plaintiff attempts to reclaim specific property, through the court, whether the property is still in the first acquirer's hands or it has passed onto others, and even if the property has been converted (related common law terms: , ...
464; and is deemed the owner or proprietor of the thing during the period of the loan; so that au action for a trespass or conversion will lie in favor of the lender against a stranger, who has obtained a wrongful possession, ...
Section 707(b)(2) of the Bankruptcy Code applies a "means test" to determine whether an individual debtor's chapter 7 filing is presumed to be an abuse of the Bankruptcy Code requiring dismissal or of the case (generally to chapter 13).
A common law action similar to conversion and also involving the possession of property by the defendant but belonging to the plaintiff but in which the plaintiff asks the court for the return of the property, ...
HHome Equity A term referring to a variety of plans designed to help older homeowners use the equity in their homes without requiring them to move. The three main types are sale-leaseback, reverse mortgages, and deferred payment loans.
Richy sues Paul for conversion and wins. Paul argues that Richy abandoned his shoes, but the court concludes that Richy did not voluntarily relinquish all rights to their control.
Civil Causes of Action
Civil Causes of Action Defamation and Libel ...
Literally meaning "rights of a third [person]", is a defense in tort law against claims of possession such as detinue, or conversion. It is the acknowledgement of a third party who has better possession than the claimant seeking the action.
See also: Law, Property, Person, Action, Use