This type of heat pump is known as an air-to air system.
Conventional loan
Long-term loan made for the purchase of a home, which is not insured or guaranteed by a governmental agency and which generally conforms to the standards required for sale of the loan into the secondary mortgage market. Typically requires a substantial down payment and is usually only available to those having good credit. It has fixed monthly payments for the life of the loan and usually has a 30-year period of fixed interest rates.
Conventional vent
Atmospheric venting that utilizes the natural convective rise of hot flue gases through the system to release the products of combustion.
Conversion
(1) The exchange of property from real property to personal or the reverse. (2) A change from one form or standard to another.
Conversion chart
An information table, which shows the equivalent measurement of certain items to another, such as feet to meters.
Conversion efficiency
The amount of energy produced as a percentage of the amount of energy consumed.
Converter
(1) Device used to change a thing from one form to another, such as electrical current, radio frequency, analog to digital, etc. (2) Furnace that converts pig iron into steel by using the Bessemer process.
Convertible adjustable-rate mortgage
A mortgage that begins as an adjustable rate loan but can be converted to a fixed-rate mortgage, during a specified period of time.
Convertible arm
An adjustable rate mortgage (ARM) that can be switched to a fixed rate mortgage during a specific period.
