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.
Some relied on convertible bonds, which offer lower interest rates while giving lenders the option to be repaid in shares instead of cash.
From Barron's
If rain does come, the tops will go up on the convertibles that traverse the parade route, Eads said.
From Los Angeles Times
At what became Drexel Burnham, Gary was part of the Milken inner circle, working on leveraged buyouts and trading convertible securities.
The genetic medicine company said it had entered into exchange agreements with a limited number of holders of its 1.25% convertible senior notes due 2027.
From Barron's
The genetic medicine company said it had entered into exchange agreements with a limited number of holders of its 1.25% convertible senior notes due 2027.
From Barron's
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.
