# Conversion

Used to record the conversion of securities (generally convertible bonds or preferred shares) into another form of securities (usually common shares) at a pre-stated price or rate and details related to the conversion

## Example Usage

```typescript
import { Conversion } from "@apexfintechsolutions/ascend-sdk/models/components";

let value: Conversion = {};
```

## Fields

| Field                                                                                                                                      | Type                                                                                                                                       | Required                                                                                                                                   | Description                                                                                                                                | Example                                                                                                                                    |
| ------------------------------------------------------------------------------------------------------------------------------------------ | ------------------------------------------------------------------------------------------------------------------------------------------ | ------------------------------------------------------------------------------------------------------------------------------------------ | ------------------------------------------------------------------------------------------------------------------------------------------ | ------------------------------------------------------------------------------------------------------------------------------------------ |
| `cashRate`                                                                                                                                 | [components.EntryConversionCashRate](../../models/components/entryconversioncashrate.md)                                                   | :heavy_minus_sign:                                                                                                                         | The rate (raw value, not a percentage, example: 50% will be .5 in this field) at which cash will be disbursed to the shareholder           | {<br/>"value": "0.25"<br/>}                                                                                                                |
| `corporateActionGeneralInformation`                                                                                                        | [components.EntryConversionCorporateActionGeneralInformation](../../models/components/entryconversioncorporateactiongeneralinformation.md) | :heavy_minus_sign:                                                                                                                         | Common fields for corporate actions                                                                                                        |                                                                                                                                            |
| `stockRate`                                                                                                                                | [components.StockRate](../../models/components/stockrate.md)                                                                               | :heavy_minus_sign:                                                                                                                         | The rate (raw value, not a percentage, example: 50% will be .5 in this field) at which shares will be disbursed to the shareholder         | {<br/>"value": "0.25"<br/>}                                                                                                                |
| `type`                                                                                                                                     | [components.EntryConversionType](../../models/components/entryconversiontype.md)                                                           | :heavy_minus_sign:                                                                                                                         | Corresponds to whether the event is CASH \| STOCK \| CASH_AND_STOCK                                                                        | CASH                                                                                                                                       |