1. able to be changed or transformed into something else

1. a car with a roof that can be folded down or removed
2. a security that can be exchanged for another type of security
Usage: finance

Examples

• The sofa is convertible into a bed for guests.
• She drove her red convertible with the top down.
• The currency is convertible to dollars at the current exchange rate.
• He bought convertible bonds that can be exchanged for stock.
• The convertible laptop transforms into a tablet.
• They enjoyed the sunny weather in their new convertible.
• The company issued convertible preferred shares.