convertible

[kuhn-vur-tuh-buhl]

adjective

1. capable of being converted.

2. having a folding top, as an automobile or pleasure boat.

3. exchangeable for something of equal value.

   debts payable only in convertible currencies.

noun

1. an automobile or a boat with a folding top.

2. a sofa, couch, or chair whose seating section can be folded out into a bed.

3. Finance.,  a convertible bond or security.

convertible

/ kənˈvɜːtəbəl /

adjective

1. capable of being converted

2. (of a car) having a folding or removable roof

3. finance

   1. a bond or debenture that can be converted to ordinary or preference shares on a fixed date at a fixed price

   2. (of a paper currency) exchangeable on demand for precious metal to an equivalent value

   3. able to be converted into a longer term mortgage without financial penalty

noun

1. a car with a folding or removable roof

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

Word History and Origins

Origin of convertible¹

First recorded in 1350–1400; Middle English word from Medieval Latin word convertibilis. See convert ¹, -ible

Example Sentences

“This is really good,” he said, admiring his car, a green convertible.

Read more on The Wall Street Journal

Some worry about its reliance on convertible debt that must be repaid in cash if the stock lags at maturity—though that’s years away.

Read more on Barron's

Some worry about its reliance on convertible debt that must be repaid in cash if the stock lags at maturity—though that’s years away.

Read more on Barron's

The sharp decline was driven by the company’s decision to offer to swap more than 300 million shares in exchange for retiring its outstanding convertible notes.

Read more on MarketWatch

The Hong Kong dollar is pegged to the U.S. dollar and convertible with it—China’s renminbi isn’t.

Read more on The Wall Street Journal

Related Words

• adaptable