Used in the context of securities , refers to the exchange of a convertible security such as a bond into shares .
Used in the context of mutual funds , refers to the free exchange of mutual-fund shares from one fund to another in a single family.
Used in the context of securities , refers to the exchange of a convertible security such as a bond into shares .
Used in the context of mutual funds , refers to the free exchange of mutual-fund shares from one fund to another in a single family.
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012