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Definition of Convertible
1. Adjective. Capable of being exchanged for or replaced by something of equal value. "Convertible securities"
Attributes: Convertibility
Similar to: Cashable, Redeemable
Derivative terms: Convert, Convertibility, Exchangeability
Antonyms: Inconvertible
2. Noun. A car that has top that can be folded or removed.
3. Adjective. Designed to be changed from one use or form to another. "A convertible coupe"
4. Noun. A corporate security (usually bonds or preferred stock) that can be exchanged for another form of security (usually common stock).
5. Adjective. Capable of being changed in substance as if by alchemy. "Ideas translatable into reality"
Similar to: Commutable
Derivative terms: Convert, Transmutability
6. Noun. A sofa that can be converted into a bed.
Specialized synonyms: Davenport, Day Bed, Studio Couch
Generic synonyms: Couch, Lounge, Sofa
Definition of Convertible
1. a. Capable of being converted; susceptible of change; transmutable; transformable.
Definition of Convertible
1. Adjective. Able to be converted ¹
2. Adjective. (obsolete) Capable of being turned or rotated ¹
3. Adjective. Capable of being exchanged or interchanged, reciprocal, interchangeable ¹
4. Adjective. (finance) Having the right to be converted into a different security, usually common stock, at the holder's option ¹
5. Noun. A car whose roof can be removed or folded ¹
6. Noun. (finance) A hybrid security that can be converted into stock ¹
¹ Source: wiktionary.com
Definition of Convertible
1. [n -S]
Lexicographical Neighbors of Convertible
Literary usage of Convertible
Below you will find example usage of this term as found in modern and/or classical literature:
1. The Financial Policy of Corporations by Arthur Stone Dewing (1920)
"Securities that are convertible from one form into another are being issued with
increasing frequency.1 Generally speaking such securities are issued in a ..."
2. Materials of Corporation Finance by Charles William Gerstenberg (1915)
"Convertible BONDS William and Pine Sta. (FOURTH EDITION) New York JUNE 11, 1907
Convertible bonds are usually secured by a direct lien, at a fixed rate of ..."
3. Money and Credit Instruments in Their Relation to General Prices by Edwin Walter Kemmerer (1907)
"Bank notes, are included under the term convertible paper money in this chapter.
... For convenience, the expression " convertible money" will be frequently ..."
4. History of the World War by Frank Herbert Simonds (1917)
"She hit upon an entirely new type of craft, the "convertible airplane"—a veritable
... Despite its name, the convertible airplane has no supporting wings; ..."
5. The Annual of Scientific Discovery, Or, Year-book of Facts in Science and Art by David Ames Wells, George Bliss, Samuel Kneeland, John Trowbridge, Charles Robert Cross (1869)
"This force is convertible into and correlative with the other physical forces,
because vitality is directly convertible into heat and electricity, ..."
6. Corporation Accounting by Robert Joseph Bennett (1916)
"(5) Entries for Convertible Bonds A convertible bond, as already stated (§ 191),
... These convertible bonds may be exchanged for stock of the company at a ..."
7. The Annual of Scientific Discovery, Or, Year-book of Facts in Science and Art. by David Ames Wells, George Bliss, Samuel Kneeland, John Trowbridge, Wm Ripley Nichols, Charles R Cross (1869)
"This force is convertible into and correlative with the other physical forces,
because vitality is directly convertible into heat and electricity, ..."
8. The Elements of Economics by Henry Dunning Macleod (1881)
"Convertible securities are Securities which no particular person is bound to
pay : but for which, under usual circumstances, a purchaser can readily be ..."