deconversion

Definition

The financial revenue earned by a company when a client terminates their service contract and migrates away from the provider's platform.

Etymology

The word is a modern commercial formation combining the prefix 'de-' (indicating removal or reversal) with 'conversion' (the act of changing to a new system or service), reflecting the transition out of a service agreement.

In the news

In this article, deconversion revenue refers to the income Jack Henry generated from client contract terminations, which serves as a metric of the business activity occurring alongside their other services.

Jack Henry says client systems stayed operational after cyber incident

Stock Titan

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