convertible
Americanadjective
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capable of being converted.
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having a folding top, as an automobile or pleasure boat.
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exchangeable for something of equal value.
debts payable only in convertible currencies.
noun
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an automobile or a boat with a folding top.
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a sofa, couch, or chair whose seating section can be folded out into a bed.
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Finance. a convertible bond or security.
adjective
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capable of being converted
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(of a car) having a folding or removable roof
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finance
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a bond or debenture that can be converted to ordinary or preference shares on a fixed date at a fixed price
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(of a paper currency) exchangeable on demand for precious metal to an equivalent value
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able to be converted into a longer term mortgage without financial penalty
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noun
Other Word Forms
- convertibility noun
- convertibleness noun
- convertibly adverb
- nonconvertibility noun
- nonconvertible adjective
- nonconvertibleness noun
- nonconvertibly adverb
- unconvertibility noun
- unconvertible adjective
- unconvertibleness noun
- unconvertibly adverb
Etymology
Origin of convertible
First recorded in 1350–1400; Middle English word from Medieval Latin word convertibilis. See convert 1, -ible
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The company borrowed against its rising stock, often with convertible debt, but still needs to make dividend payments.
Oh—and not only will there will be no dividend in 2026, but the company sold €5 billion in convertible debt to shore up its balance sheet.
From Barron's
The majority of the short interest in Strategy before September was a hedge against the company’s $8.2 billion in convertible debt, S3 estimates.
From Barron's
They’re planning a road trip this summer in their new BMW convertible and are helping pay for weddings for two of their adult children this year.
His dad’s car, a fast little yellow convertible, didn’t have a middle backseat.
From Literature
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
