- Capable of being converted; susceptible of change;
transmutable; transformable. - Capable of being exchanged or interchanged;
reciprocal; interchangeable.
Meaning of 'convertible' (Princeton's WordNet)
1 . convertible
[ a]
Meaning (1): - capable of being exchanged for or replaced by something of equal value
Example in sentence:
convertible securities
2 . convertible
[ s]
Meaning (2): - designed to be changed from one use or form to another
Example in sentence:
a convertible coupe;
a convertible sofa
Meaning (3): - capable of being changed in substance as if by alchemy
Convertible currency Convertible currency refers to a currency that can be exchanged freely for any other currency without government restrictions.
Convertible securities Convertible securities are the bonds or preferred stock issues that are convertible into a set number of shares of the issuing company’s
Convertible Bond Convertible bond refers to a bond or other fixed-income security which may be exchanged for a number of shares of common stock.
Convertible Security Convertible Security is bond or preferred stock which is convertible into equity shares generally at the option of the holder
Convertible roof type Convertible roof type is the type of convertible roof tops, including soft tops, hard tops, T-tops, Targa-style tops, and tops that are manual or
Convertible wind blocker Convertible wind blocker also known as an "aeroboard." An on a convertible vehicle, the glass or plastic shield that prevents reversion of
Convertible bonds Convertible bonds refer to the bonds that permit bondholders to convert them into common stock at their option.
Convertible and callable bonds Bonds that can be converted into common stock at the bondholder’s option are convertible bonds. The conversion feature generally is attractive to bond buyers.