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reconvert
(redirected from reconverts)

   Also found in: Legal 0.03 sec.
re·con·vert  (rkn-vûrt)
intr. & tr.v. re·con·vert·ed, re·con·vert·ing, re·con·verts
To undergo or cause to undergo conversion to a previous state or condition.

recon·version (-vûrzhn, -shn) n.

reconvert [ˌriːkənˈvɜːt]
vb (tr)
1. to change (something) back to a previous state or form
2. (Christianity / Ecclesiastical Terms) to bring (someone) back to his or her former religion
3. (Law) Property law to convert back (property previously converted) into its original form, as land into money and vice versa See also conversion [5]
reconversion  [ˌriːkənˈvɜːʃən] n
ThesaurusLegend:  Synonyms Related Words Antonyms
Verb1.reconvert - convert back; "Hollywood is reconverting old films"
convert - change the nature, purpose, or function of something; "convert lead into gold"; "convert hotels into jails"; "convert slaves to laborers"
Translations
reconvert [ˈriːkənˈvɜːt] VTvolver a convertir (to en)


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Later, an updated analysis showed that a Roth IRA offers comparative advantages; thus, E reconverts back to a Roth IRA in accordance with the statutory waiting period (see below), when the account value is still $60,000 and pays a tax of $19,800 ($60,000 X 0.
If Joan reconverts to a Roth IRA before April 19, 2000, the amounts transferred--less any amount that qualifies as a Roth contribution for 2000--will be subject to a 6% excise tax.
If a taxpayer converts or reconverts an amount, transfers that amount back to a traditional IRA by means of a re-characterization, and reconverts that amount in a transaction for which the taxpayer is not eligible under the interim rules set forth in the notice, the conversion will be deemed an "excess conversion.
 
 
 
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