convert vt1 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 "]
: to exercise the right of conversion by exchanging (preferred shares or bonds) for common stock
2 : to appropriate (another's property) by conversion [the bailee ed the goods to his own use] see also embezzle
Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.