Dictionary of Law
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conversion :: legal definition


Conversion - n. a civil wrong (tort) in which one converts another's property to his/her own use, which is a fancy way of saying "steals." Conversion includes treating another's goods as one's own, holding onto such property which accidentally comes into the convertor's (taker's) hands, or purposely giving the impression the assets belong to him/her. This gives the true owner the right to sue for his/her own property or the value and loss of use of it, as well as going to law enforcement authorities since conversion usually includes the crime of theft.

See also: theft and Related Law Terms ↓


Related Law Terms

abandoned property :: n. property left behind (often by a tenant) intent ... -use. See also: abandon abandonment
abandonment :: n. the act of intentionally and permanently giving ... : abandon abandoned property patent
after-acquired property :: n. 1) personal or real property acquired by a debt ... lso: bankruptcy secured transaction
attorney-client privilege :: n. the requirement that an attorney may not reveal ... ivileged communication work product
attractive nuisance doctrine :: n. a legal doctrine which makes a person negligent ... ch make negligence harder to prove.
bribery :: n. the crime of giving or taking money or some oth ... s which are against company policy.
common property :: n. 1) real property owned by "tenants in common," ... e, like parks and national forests.
community property :: n. property and profits received by a husband and ... and distribution separate property
copyright :: 1) n. the exclusive right of the author or creator ... plagiarism public domain trademark
covenant :: 1) n. a promise in a written contract or a deed of ... o compete deed restrictive covenant
devise :: 1) v. an old-fashioned word for giving real proper ... so: bequest gift legacy remise will
easement :: n. the right to use the real property of another f ... rstandings at the time of creation.
eminent domain :: n. the power of a governmental entity (federal, st ... ngs. See also: condemn condemnation
foreclosure :: n. the system by which a party who has loaned mone ... ced sale mortgage notice of default
forfeit :: v. to lose property or rights involuntarily as a p ... drunk driving. See also: forfeiture
fraud :: n. the intentional use of deceit, a trick or some ... audulent conveyance intrinsic fraud
grandfather clause :: n. 1) a clause in a statute or zoning ordinance (p ... Such laws are now unconstitutional.
hit and run :: n. the crime of a driver of a vehicle who is invol ... , and then walks back to the scene.
injunction :: n. a writ (order) issued by a court ordering someo ... t. See also: injunctive relief writ
insurance :: n. a contract (insurance policy) in which the insu ... t clause Workers' Compensation Acts
interest :: n. 1) any and all, partial or total right to prope ... nal property real property standing
joint :: adj., adv. referring to property, rights or obliga ... ncy joint venture tenancy in common
lease :: 1) n. a written agreement in which the owner of pr ... triple net lease unlawful detainer
license :: 1) n. governmental permission to perform a particu ... eement. See also: licensee licensor
lien :: n. any official claim or charge against property o ... ord's lien mechanic's lien mortgage
literary property :: n. the writings of an author which entitles him/he ... as copyrighted. See also: copyright
malpractice :: n. An act or continuing conduct of a professional ... eed. See also: errors and omissions
minority :: n. 1) in voting, a side with less than half the vo ... See also: legal age majority minor
mortgage :: n. a document in which the owner pledges his/her/i ... losure notice of default trust deed
non-conforming use :: n. the existing use (residential, commercial, agri ... eneral plan grandfathered in zoning
nuisance :: n. the unreasonable, unwarranted and/or unlawful u ... evening). See also: public nuisance
possibility of a reverter :: n. the potential that the title to a real property ... further issue. See also: reversion
prescription :: n. the method of acquiring an easement upon anothe ... ty. See also: prescriptive easement
pro rata :: (proh rat-ah or proh ray-tah) adj. from Latin for ... e year in which he/she holds title.
promissory note :: n. a written promise by a person (variously called ... lso: interest obligee obligor usury
quiet title action :: n. a lawsuit to establish a party's title to real ... opposition. See also: notice title
quitclaim deed :: n. a real property deed which transfers (conveys) ... also: convey deed grant deed title
real estate :: n. land, improvements and buildings thereon, inclu ... the future. See also: real property
real property :: n. 1) all land, structures, firmly attached and in ... onal property real estate reversion
record :: 1) v. (ree-cored) to put a document into the offic ... eeding race to the courthouse trial
rental value :: n. the amount which would be paid for rental of si ... alimony to be paid. See also: rent
robbery :: n. 1) the direct taking of property (including mon ... We've been robbed." See also: theft
seized :: (seised) n. 1) having ownership, commonly used in ... by force. See also: seisin seizure
self-defense :: n. the use of reasonable force to protect oneself ... ndalism. See also: assault homicide
servient estate :: n. real property which has an easement or other us ... See also: dominant estate easement
spot zoning :: n. a provision in a general plan which benefits a ... . See also: grandfathered in zoning
tax :: n. a governmental assessment (charge) upon propert ... unified estate and gift tax use tax
theft :: n. the generic term for all crimes in which a pers ... rglary embezzlement larceny robbery
tort :: n. from French for "wrong," a civil wrong or wrong ... nce slander trespass wrongful death
treason :: n. the crime of betraying one's country, defined i ... nment. See also: espionage sedition
trespass :: n. entering another person's property without perm ... for an illegal purpose is a crime.
use :: n. the right to enjoy the benefits of real propert ... ay it is only of academic interest.

Popular Law Searches

legal definition ministerial act :: n. an act, particularly of a governmental employee ... exercising any individual judgment.
chancery legal definition :: n. a court that can order acts performed. Today ch ... ts in most states. See also: equity
testamentary disposition legal definition :: n. how the terms of a will divide the testator's ( ... named beneficiaries. See also: will
contract of sufferance :: n. a "hold-over" tenancy after a lease has expired ... y tenancy at will unlawful detainer
forthwith legal definition :: adv. a term found in contracts, court orders and s ... mediacy, with no excuses for delay.
forthwith definition legal :: adv. a term found in contracts, court orders and s ... mediacy, with no excuses for delay.
what is to wit in a legal contract :: prep. that is to say. Example: "the passengers in ... tty Bumgartner and Sherry Younger."
mirror wills legal definition :: n. the wills of a husband and wife which are ident ... d each names the other as executor.
clean hands doctrine latin :: n. a rule of law that a person coming to court wit ... ices. See also: affirmative defense
sine qua non only relates to contract law :: (see-nay kwah nahn) prep. Latin for "without which ... qua non of the injury to Playmate.

Other Law Terms - C

C.I.F. :: n. the total of cost, insurance and freight charge ... aid on goods purchased and shipped.
calendar :: 1) n. the list of cases to be called for trial bef ... clerk of the court calendars cases.
calendar call :: n. the hearing at which a case is set for trial. ... g at which a case is set for trial.
call :: n. the demand by a corporation that a stockholder ... assessment on shares already owned.
calumny :: n. the intentional and generally vicious false acc ... 's reputation. See also: defamation
cancel :: v. to cross out, annul, destroy, void and/or resci ... g, so that it cannot be used again.
cancellation :: cancel ... cancel
caning :: n. a punishment for crimes employed in certain Asi ... last century in the United States.
canon law :: n. laws and regulations over ecclesiastical (churc ... nduct with no religious connection.
cap :: n. slang for maximum, as the most interest that ca ... "adjustable rate" promissory note.
capital :: 1) n. from Latin for caput, meaning "head," the ba ... count capital assets stock in trade
capital account :: n. the record which lists all basic assets of a bu ... or the alleged value of good will.
capital assets :: n. equipment, property, and funds owned by a busin ... . See also: capital capital account
capital expenditure :: n. payment by a business for basic assets such as ... y intended to improve productivity.
capital gains :: n. the difference between the sales price and the ... so: basis delayed exchange exchange
capital investment :: capital expenditure ... capital expenditure
capital offense :: n. any criminal charge which is punishable by the ... . See also: bail capital punishment
capital punishment :: n. execution (death) for a capital offense. The U. ... or death. See also: capital offense
capital stock :: n. the original amount paid by investors into a co ... price. See also: corporation stock
capitalization :: n. 1) the act of counting anticipated earnings and ... for conversion into capital assets.