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, or purposely giving the impression that the assets of another belong to oneself.
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 ...
Conversion; Conversion Rights: Rights allowing the holder of shares of stock or other financial instrument to convert to other shares of stock.
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.
Conversion - The improper use, possession, or destruction of anotherís personal property.
Corpus Delicti - Objective proof that a crime has been committed; for example, the corpse of a murdered person or the charred remains of a house burned down.
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.
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 conversion - 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 ...
Home equity conversion mortgage: Loans made to older owners who want to convert equity into money. Because borrowers are qualified on the basis of the value of their home, e, the loan is not the same as a home equity loan. Also known as reverse mortgages.
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.
Conveyance: Written document transferring property from one person to another.
It is the english conversion 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 : Conversion of solid material such as coal into a gas for use as a fuel.
gasohol : Mixture of gasoline and ethanol derived from fermented agricultural products containing at least nine percent ethanol. Gasohol emissions contain less carbon monoxide than those from gasoline.
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 ...
A legal proceeding taken under the law of equity 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: conversion, ...
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, or has made a wrongful conversion of the thing loaned; ...
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 conversion 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, although the plaintiff may also ask for damages for the duration of the possession.
HHome Equity ConversionA 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.
Civil Causes of Action Conversion
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: What is the meaning of Property, Person, Law, Lawyer, Attorn?