convertible
pronunciation
How to pronounce convertible in British English:
UK [kənˈvɜ:təbl]
How to pronounce convertible in American English:
US [kənˈvɜrtəbl]
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- Noun:
- a car that has top that can be folded or removed
- a corporate security (usually bonds or preferred stock) that can be exchanged for another form of security (usually common stock)
- a sofa that can be converted into a bed
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- Adjective:
- capable of being exchanged for or replaced by something of equal value
- designed to be changed from one use or form to another
- capable of being changed in substance as if by alchemy
Word Origin
- convertible (adj.)
- late 14c., from Old French convertible (13c.), from Late Latin convertibilis "changeable," from Latin convertere (see convert (v.)). The noun is recorded from 1610s; meaning "automobile with a fold-down top" is from 1916.
Example
- 1. Chief among them , the currency would have to be fully convertible .
- 2. Santander , for instance , sold convertible bonds to retail investors four years ago .
- 3. In 1931 a new york times advertisement stored in the castle at vadstena summoned investors to take part in an imco issue of $ 50m 5 % convertible gold debentures .
- 4. One option being floated is that governments inject convertible capital into the banks , avoiding dilution of existing shareholders but providing reassurance of support .
- 5. This sounds odd , since it is not fully convertible and myanmar expects soon to have a large trade surplus .