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Similarly, short-term marketable securities which can be readily converted into cash are treated as cash equivalents.A different type of bacteria converts the nitrates and nitrites into elemental nitrogen.It should be noted that only the actual proceeds of debentures are to be taken into account for ascertaining the number of shares to be issued in lieu of the debentures to be converted.By then, some of the wastelands in the village had been converted to cultivable land.He converts to Christianity, obtains modern education, and returns as the judge in the local court.These debentures are either fully convertible or partly convertible.It may be noted that no Debenture Redemption Reserve is required in case of convertible debentures because no funds are required for redemption.After ovulation, the ruptured follicle is converted to a structure called corpus luteum, which secretes mainly progesterone.If debentureholders find that the offer is beneficial to them, they can exercise their right of converting their debentures into new class of debentures or shares.It may be noted that no Debenture Redemption Reserve is required in case of convertible debentures because no funds are required for redemption.Here the RuBP instead of being converted to 2 molecules of PGA binds with O2 to form one molecule and phosphoglycolate in a pathway called photorespiration.A holder of GDR can at any time convert it into the number of shares it represents.Today, the world has been converted into a large village with the help of efficient and fast moving transport.A company can redeem its debentures by converting them into new class of debentures or shares.Shares cannot be converted into debentures whereas debentures can be converted into shares if the terms of issue so provide, and in that case these are known as convertible debentures.

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