26984 words

convertible

7 definitions • 5 examples
1
able to be arranged in a different way and used for a different purpose:

Examples:

a convertible sofa bed
2
used to refer to a type of money that can be easily exchanged into other types of money:

Examples:

a convertible currency/bond
3
a car with a soft roof that can be folded back:

Examples:

a Volkswagen convertible
4
a car whose top can be folded back or removed so that there is no roof
5
A convertible is also a sofa (= long, soft seat) that can be folded out to make a bed.
6
able to be changed from one thing to another:

Examples:

convertible into/to sth Each preferred share is convertible into 1.95 shares of Common Stock.
7
a type of share, bond, etc. that can be exchanged for another type of share:

Examples:

Citigroup are expected to invest about $400 million in convertibles and Asian securities.

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