The share price at which a convertible bond or convertible preferred share is eligible to be converted into common stock.
conversion price - Investment & Finance Definition

Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
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"conversion price." YourDictionary, n.d. Web. 14 January 2019. <https://www.yourdictionary.com/conversion-price>.
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conversion price. (n.d.). Retrieved January 14th, 2019, from https://www.yourdictionary.com/conversion-price