CONVERT - the wrongful or willful taking of money or property belonging to someone else with intent to deprive the owner of its use or benefit either temporarily or permanently. No particular type of movement or carrying away is required.
Converter Dolly (Dolly): Auxiliary axle assembly equipped with a fifth wheel (coupling device), towed by a semitrailer and supporting the front of, and towing, another semitrailer.
Convertible Instrument: Financial instruments such as bonds or notes that can be converted into shares of stock. Shares of stock may also be convertible into shares of another class.
Convertible debentures, which are convertible bonds or bonds that can be converted into equity shares of the issuing company after a predetermined period of time.
convertible arm an adjustable-rate mortgage that provides the borrower the ability to convert to a fixed-rate within a specified time.
Convert
Definition - Transitive Verb
1 a : to change from one form or use to another
b : to exchange (property) for another esp. of a different kind <if property...is compulsorily or involuntarily ~ed Internal Revenue Code>
esp ...
"... to convert dirty money - the proceeds of illegal activities - into clean cash to disguise its illicit origin."
REFERENCES: ...
catalytic converter : An air pollution abatement device that removes pollutants from motor vehicle exhaust, either by oxidizing them into carbon dioxide and water or reducing them to nitrogen and oxygen.
But larceny is wider than theft as it includes the taking of property of another person by whatever means (by theft, overtly , by fraud, by trickery, etc.) if an intent exists to convert that property to one's own use against the wishes of the owner.
For example, an employee would embezzle money from the employer or a public officer could embezzle money received during the course of their public duties and secretly convert it to their personal use.
converted into freehold. The effect of this step is to sever all connexion between the land enfranchised and the manor of which it was previously held. Technically, therefore, the common rights previously enjoyed in respect of the land would be gone.
A constructive felonious taking occurs when, under pretence of a contract, the thief obtains the felonious possession of goods; as, when under the pretence of hiring, he had a felonious intention at the time of the pretended contract, to convert the ...
the generic term for all crimes in which a person intentionally and fraudulently takes personal property of another without permission or consent and with the intent to convert it to the taker's use (including potential sale).
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 Westminster Hall Chamber (in a specially converted room off the main Westminster Hall) is an additional chamber to the main House of Commons chamber. The first sitting in Westminster Hall took place on Tuesday 30 November 1999.
(n) Public use is the decision to convert a property held by any individual or association of person for limited access, to be used for general access or purpose.
Direct Examination: The capitalization method used to convert an estimate of a single year's income expectancy or any annual average of several years' income expectancies into an indication of value in one step, ...
Yield Capitalization: A capitalization method used to convert future benefits to present value by discounting each future benefit at an appropriate yield rate or by developing an overall rate that reflects the investment's income pattern, ...
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, converted that property to his own use or retained possession of ...
Angel Investor An affluent individual who invests in small, private companies, usually in exchange for company stock or promissory notes that are convertible into shares of company stock.
An old English and common law legal proceeding against a person who had found someone else's property and has converted that property to their own purposes.
The legal process whereby a government can take ownership of a piece of property in order to convert it to public use; often the property owner is paid fair-market value for the property.
Encumbrance ...
Liquidated Damages:
Compensation for non-performance or loss which is cash or easily converted into cash.
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 ...
Trover: 1. A suit to regain property that was lost, the suit being against the person who found and has held on to the property. 2. A suit for damages against a person who found property and wrongfully converted it to his own use.
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. The terms of the judgment of separation or the written agreement are converted into ...
The floating charge crystallises if there is a default or similar event. At that stage the floating charge is converted to a fixed charge over the assets which it covers at that time.
Critics of Ricardian theory, such as Henry George, argued that monopolistic control of rent was the cause of poverty, which could only be cured by converting private rights into public by the medium of a single tax on land.
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.
 See also: Law, Person, Information, Right, Time
  
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