fraudulent conversion — n: conversion committed with the intent of defrauding someone Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. fraudulent conversion … Law dictionary
fraudulent conversion — UK US noun [U] LAW ► the act of using money or property that is not your own for illegal or dishonest purposes: »The high profile broker pleaded guilty to charges of fraudulent conversion of clients funds … Financial and business terms
fraudulent conversion — Receiving into possession money or property of another and fraudulently withholding, converting, or applying the same to or for one s own use and benefit, or to use and benefit of any person other than the one to whom the money or property… … Black's law dictionary
fraudulent conversion — Receiving into possession money or property of another and fraudulently withholding, converting, or applying the same to or for one s own use and benefit, or to use and benefit of any person other than the one to whom the money or property… … Black's law dictionary
conversion — con·ver·sion /kən vər zhən/ n 1 a: the act of changing from one form or use to another b: the act of exchanging one kind of property for another; esp: the act of exchanging preferred stocks or bonds for shares of common stock of the same company… … Law dictionary
Conversion (law) — For other uses of the word conversion , see Conversion. Conversion is a common law tort. A conversion is a voluntary act by one person inconsistent with the ownership rights of another.[1] It is a tort of strict liability.[2] Its criminal… … Wikipedia
conversion — The sale of a cash position and investment of part of the proceeds in the margin for a long futures position. The remaining money is placed in an interest bearing instrument. This practice allows the investor/dealer to receive high rates of… … Financial and business terms
conversion — An unauthorized assumption and exercise of the right of ownership over goods or personal chattels belonging to another, to the alteration of their condition or the exclusion of the owner s rights. Any unauthorized act which deprives an owner of… … Black's law dictionary
conversion — An unauthorized assumption and exercise of the right of ownership over goods or personal chattels belonging to another, to the alteration of their condition or the exclusion of the owner s rights. Any unauthorized act which deprives an owner of… … Black's law dictionary
Criminal conversion — is the crime of exerting unauthorized use or control of someone else s property. It differs from theft in that it does not include the element of intending to deprive the owner of the possession of that property. As such, it is a lesser included… … Wikipedia
