delivered the opinion of the Court.
Gary E. Jewel was convicted by a Warren County jury of two counts of grand larceny by false pretenses and sentenced to one year imprisonment on one count and two years imprisonment on the other count. Jewel appealed his conviction to the Court of Appeals asserting,
inter alia,
that the trial court erred in allowing the Commonwealth to impeach him by using two prior felony convictions, when at the time of trial the “convictions” consisted of two guilty pleas which had been accepted by the judge but for which no order had been entered stating a finding of guilt or imposing sentence. The Court of Appeals affirmed the convictions.
Jewel
v.
Commonwealth,
Code § 19.2-269 provides that “[a] person convicted of a felony or perjury shall not be incompetent to testify, but the fact of conviction may be shown in evidence to affect his credit.” Jewel asserts that “there must be a final sentencing order complying with all jurisdictional requirements . . . before there is a conviction for any purpose.” Because no such orders were entered regarding his prior felonies at the time of his trial on the instant charges, Jewel argues *432 that there were no convictions and the trial court erred in allowing the Commonwealth to use the prior felonies to impeach him.
We have not construed the term “conviction” as it is used in Code § 19.2-269.
*
We have, however, construed the term in the context of other statutes and factual situations. In
Smith
v.
Commonwealth,
We came to a similar conclusion when considering the use of the term in Code § 53.1-151(B1) relating to ineligibility for parole. In
Ramdass
v.
Commonwealth,
These cases are not dispositive, however, because they did not involve construction of the statute at issue here, Code § 19.2-269, and they did not involve a guilty plea entered by the defendant in the prior proceedings. We have described a guilty plea as “in reality, a self-supplied conviction authorizing imposition of the punishment fixed by law.”
Peyton
v.
King,
The difference in the status of a guilty plea and a jury verdict of conviction is significant. In pleading guilty, the defendant admits to all elements of the crime charged and waives many rights, including the right to have the charged crime proved beyond a reasonable doubt. When pleading not guilty, those rights are not waived, and, even though the jury returns a verdict of guilty, that verdict remains subject to being set aside by the trial court for error committed during the trial or for insufficient evidence. Rule 3A: 15(b). This additional avenue of potential relief afforded a defendant who pleaded not guilty extends the time before the matter of guilt is *433 finally resolved. This is a significant distinction in determining whether the stage of the proceedings qualifies as a “conviction.”
Finally, in this case we consider the word “conviction” in the context of the impeachment of a witness. The use of a prior conviction in this context does not have the impact of establishing an element of a crime, Smith, or dictating a status for parole, Ramdass. Its purpose is limited to presenting information on the credibility of a witness to a jury and it is the jury that decides the impact of such information.
For the reasons stated, we conclude that for the limited purposes of Code § 19.2-269, the word “conviction” includes a guilty plea accepted by the court. Accordingly, we will affirm the judgment of the Court of Appeals.
Affirmed.
Notes
Lincoln v. Commonwealth,
