convertible

/kən'və:təbl/
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convertible

A family drives a red convertible along a coastal highway.

Definition
  1. Adjective:

    • Capable of being changed in substance, form, or function: Describes something that can be transformed from one state, use, or type to another.
    • Capable of being exchanged for something of equal value: Often used in finance to describe securities that can be swapped for another type, like bonds for stock.
  2. Noun:

    • A car with a folding or removable roof: An automobile designed so its top can be lowered or removed.
    • A sofa that transforms into a bed: A piece of furniture designed to change function.
    • A type of corporate security: A bond or preferred share that can be exchanged for common stock.
Usage Examples
  • Adjective:
    • The software license is convertible from a personal to a commercial version.
    • These bonds are convertible into company shares at a set price.
  • Noun:
    • They drove along the coast in their red convertible.
    • The small apartment had a convertible in the living room for guests.
Advanced Usage
  • "Fully convertible currency": An economic term for a currency that can be freely exchanged for other currencies or gold without restrictions.
    • The US dollar is a fully convertible currency.
  • In logic or linguistics, describing terms or propositions that can be validly interchanged.
    • In that syllogism, the terms are not convertible.
Variants and Related Words
  • Convertibility (n): The quality of being convertible.
    • The convertibility of the currency is crucial for international trade.
  • Conversion (n): The act or process of changing something into a different form.
    • The conversion of the attic into a bedroom took three months.
Synonyms
  • Transformable: Capable of being changed in form.
  • Exchangeable: Capable of being traded or swapped.
  • Adaptable: Able to be adjusted for a new use.
Related Phrases
  • Convertible note (Finance): A short-term debt that converts into equity.
    • The startup raised initial funds through a convertible note.
  • Convertible top (Automotive): The retractable roof of a car.
    • He put the convertible top down to enjoy the sunshine.
Related Idioms
  • "A convertible argument": A line of reasoning that can be turned to support an opposing view (less common, specialized usage).
    • Be careful with that point; it's a convertible argument that your opponent could also use.
convertible

A family drives a red convertible along a coastal highway.

Adjective
  1. capable of being changed in substance as if by alchemy
    • is lead really transmutable into gold?
    • ideas translatable into reality
  2. designed to be changed from one use or form to another
    • a convertible sofa
    • a convertible coupe
  3. capable of being exchanged for or replaced by something of equal value
    • convertible securities
Noun
  1. a sofa that can be converted into a bed
  2. a corporate security (usually bonds or preferred stock) that can be exchanged for another form of security (usually common stock)
  3. a car that has top that can be folded or removed