Three-Point Conversion: A novelty play, in leagues such as the XFL and the proposed New USFL, that is nearly identical to the two-point conversion. A play that advances the ball into the end zone from the 10-yard line (as opposed to the 2 or 3 yard line in a two-point conversion) earns 3 points.

 

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Three-Point Conversion: A novelty play, in leagues such as the XFL and the proposed New USFL, that is nearly identical to the two-point conversion. A play that advances the ball into the end zone from the 10-yard l . . . View Full Definition

Market Conversion Price: Also called conversion parity price, the price that an investor effectively pays for common stock by purchasing a convertible security and then exercising the conversion option. This price i . . . View Full Definition

Reverse Conversion: A technique in which brokerage firms earn interest on the stocks they hold for their customers by selling the short and investing the proceeds in money market accounts. The short positions a . . . View Full Definition

Limitation On Conversion: Applies mainly to convertible securities. Possible delay in convertibility. More frequently, the right to convert may be terminable prior to a redemption date, preventing the holder from rec . . . View Full Definition

Fourth Down Conversion: The act of using a fourth down play to make a first down. These are comparatively uncommon. If a team is close enough, they will generally attempt a field goal on fourth down. Otherwise, the . . . View Full Definition

Electronic Check Conversion: Electronic check conversion is a payment process in which you give a payee a check, but the actual payment is processed as an electronic funds transfer. The payment is automatically debited . . . View Full Definition

Forced Conversion: The risk that there will be prolonged interruption of operations for a project finance enterprise due to fire, flood, storm, or some other factor beyond the control of the project's sponsors.

Stated Conversion Price: The interest rate expressed as a per year percentage, by which interest payments are determined. See: Annual percentage rate.

Data Conversion: Refers to translating data from one format to another. It is most commonly used to reformat data that is being transferred from one system to another so that the receiving system can interpr . . . View Full Definition

Three-Point Shot: A field-goal attempt from outside the three-point line.