From Longman Dictionary of Contemporary Englishconvertiblecon‧ver‧ti‧ble1 /kənˈvɜːtəbəl $ -ɜːr-/ ●○○ AWL adjective 1 CHANGE/MAKE something DIFFERENTan object that is convertible can be folded or arranged in a different way so that it can be used as something else a convertible sofa2 PEC technical able to be exchanged for the money of another country a convertible currency3 technical a financial document such as an insurance arrangement or a bond that is convertible can be exchanged for money, stocks etc —convertibility /kənˌvɜːtəˈbɪləti $ -ɜːr-/ noun [uncountable]
Examples from the Corpus
convertible• Nintendo, a video-games maker, pulled its issue of convertible bonds.• Fernando was waiting for her at the kerbside, leaning against his white convertible Mercedes.• My financial advisor suggested we invest in convertible preferred stock.• a convertible sofa bed• The rooms are equipped with bathrooms and convertible sofas for parents who want to stay with their children.• The X100 will come in both fixed-head and convertible versions.• This is a convertible wall and can come down when the family wishes to entertain.convertible currency• Perhaps in two or three years we will have a convertible currency.• There is still no mobile phone system, no credit cards and no convertible currency.• He has argued for the introduction of a convertible currency parallel to the existing non-convertible rouble.convertibleconvertible2 noun [countable] TTCa car with a soft roof that you can fold back or remove → hardtop, cabrioletExamples from the Corpus
convertible• A convertible drove by, but it was white and a different make.• Particular care needs to be exercised with securities such as convertibles and warrants.• Jaguar's classy convertibles start at £41,200, albeit with V12 power.• a 1965 Mustang convertible• Or, like Californians in a drought, should we perhaps raise the tops on our convertibles and welcome a little rain?• It was a 1937 Cord Phaeton convertible.• During the winter months, those trying to sell convertibles have little in their favour.From Longman Business Dictionaryconvertiblecon‧ver‧ti‧ble /kənˈvɜːtəbəl-ɜːr-/ adjective able to be changed from one thing to anotherThe new preferred shares will be convertible immediately to common shares. —convertibility noun [uncountable]The step toward currency convertibility is part of an attempt to move to a free market. 