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It means that somone who was paid ahead of time for their services (attorney, funeral home, etc) converts funds paid for their services into money for their own use, or used it for another client. It could also mean that they failed to escrow the funds for their client and used the money for themselves or another client.
What else can I help you with?
What is felony conversion in North Carolina?
Whats the most time for a first offender being charged with one count of felony conversion?
What is the difference between a foreign transaction fee and a currency conversion fee?
A foreign transaction fee is charged by your credit card company for purchases made in a foreign currency, while a currency conversion fee is charged for converting one currency to another.
What is the main energy conversion in a battery when it is charged?
Electrical Enegy is converted to Chemical Potential Energy
What does being charged with conversion mean?
Conversion, in legal terms, is any unauthorized act that deprives owners of personal property without their consent. Felony theft by conversion is punishable up to 10 years in jail.
Can you deposit a cheque in a foreign branch of your own bank?
Yes, but you will probably be charged for it and have problems with currency conversion (the banks always sting you).
What does the term ira to roth conversion mean?
IRA to roth conversion is transferring your money into a new account. It does not matter what filing bracket you fall in to, and doing this process can avoid being charged more money in your taxes.https://personal.vanguard.com/us/insights/taxcenter/planning/is-a-roth-conversion-right
Is state tax charged on handicap van conversion sales?
Whether state tax is charged on handicap van conversion sales varies by state. Some states exempt these conversions from sales tax to support accessibility for individuals with disabilities, while others may not. It's important to check the specific tax regulations in your state or consult with a tax professional to determine the applicable rules.
What is Radioactivity and artificial transmutations?
Radio Activity- The process in which an unstable atomic nucleus emits charged particles and energy Artificial Transmutations- The conversion of atoms of one element to atoms of another.
What is a table with columns filled with pairs of numbers that have the same ratio?
A conversion table.A conversion table.A conversion table.A conversion table.
What conversion does the US Metric Conversion Act call for?
voluntary conversion
What are the penalties for larceny by conversion in mi?
the penalty's vary. larceny less then $200 is charged as a misdemeanor with probation, fine's and community service. larceny greater than $200 and less then $1000 is charged as a felony with up to 10 year's of imprisonment up to a $15,000 fine or 3x the value of the stolen property(goods,money,accounts,ect.). larceny greater then $1000 and less then $20,000 is charged as a felony and the same as larceny greater then $200 or less then $1000
What is a charged atom?
A charged atom is an ion. A positively charged version is a cation and a negatively charged one, an anion.
