Convertible (noun) Definition, Meaning & Examples

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. a convertible bond or security.
adjective
  1. capable of being converted
  2. (of a car) having a folding or removable roof
  3. finance
    • a bond or debenture that can be converted to ordinary or preference shares on a fixed date at a fixed price
    • (of a paper currency) exchangeable on demand for precious metal to an equivalent value
    • able to be converted into a longer term mortgage without financial penalty
noun
  1. a car with a folding or removable roof
Convertible (noun) Definition, Meaning & Examples

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