This document discusses working with converters in Silverlight. It explains that converters allow data in bindings to be modified or formatted before being displayed in the UI, such as formatting dates or prices. It describes how to implement converters by implementing the IValueConverter interface with Convert and ConvertBack methods, and notes that converters minimize code in the UI and provide reusable conversion logic. It also briefly mentions the two types of converters: value converters and type converters, and provides an example of using a type converter.