Accountancy, asked by rishavsinghal7024, 11 months ago

Define the term conversion and how does it happen? In banking terms

Answers

Answered by Blue14
0

A conversion is the exchange of a convertible type of asset into another type of asset, usually at a predetermined price, on or before a predetermined date. The conversion feature is a financial derivative instrument that is valued separately from the underlying security.

Answered by shriddhi91
0

Answer:

Talking or sharing our thoughts and facts with some interesting or enjoying talk is know as conversation. It happens when some people take any thing as a topic and share there experience or feelings.

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