convertible
convertible Lexical Profile
convertible Game Scores & Validity
• noun
An automobile with a folding or detachable roof that can be driven either open or enclosed.
"They rented a vintage red convertible to drive along the scenic coastal highway."
A bond or preferred stock that can be exchanged for a predetermined number of common shares in the issuing company.
"The portfolio manager invested heavily in corporate convertibles to balance fixed income with equity upside."
• adjective
Able to be changed in form, function, or character.
"The small apartment features a convertible sofa that easily unfolds into a guest bed."
(of currency, bonds, or financial securities) Capable of being exchanged for another form of currency, stock, or gold of equal value.
"The startup issued convertible bonds that allow early investors to exchange their debt for company shares."
• Rhymes for convertible
• Nearby Words
Word Origin & Etymology
Borrowed in the late 14th century from Old French convertible, from Late Latin convertibilis ('changeable'), derived from Latin convertere ('to turn around, transform'), from com- ('together, altogether') and vertere ('to turn').