convertible
11
4.8
- adjective
- /kənˈvɜːrtəbl/
:
convertible
- A bank can increase the amount of convertible deposits simply by lending more.
- convertible currency
- freely convertible
- fully convertible
If Dan were a brand, he might be a classic convertible Mercedes-Benz.
- If Dan were a brand, he might be a classic convertible Mercedes-Benz.
- But the convertible top is inactive.
- So it starts off with kind of friends and family, you know, convertible notes kind of round.
- For example, if companies are issuing convertible bonds too cheaply, traders will step in and compete to buy that bond, pushing the price closer to fair value.
Examples
-
Concurrent with the merger agreement, the parties negotiated a convertible bond agreement.
Academic text (2017) -
In each instance, the acquirer gave the target a loan that was convertible into common shares in the event of an overbid.
Academic text (2017) -
So it starts off with kind of friends and family, you know, convertible notes kind of round.
-
We negotiated points on some convertible debt.
-
In the United States, state teacher pension plans are not convertible across state boundaries.
Academic text (1994) -
The ruble has been made fully convertible and may even be undervalued.
Academic text (2007) -
In the 1980s, oil re-exports became a key source of convertible currency for Cuba.
Academic text (1992) -
The Chinese currency, the renminbi, was not easily convertible into foreign currencies.
Academic text (2013) -
For example, if companies are issuing convertible bonds too cheaply, traders will step in and compete to buy that bond, pushing the price closer to fair value.
-
The new software allows files to be easily convertible into various formats.
Synonyms
1
4.0
Able to be traded or replaced by a similar thing
Can be changed to a different punishment
Can be changed for a similar part or version
Able to make something change from one form to another
Antonyms
Compounds
- Specialized
1
7.6
A loan that pays interest and can be changed into company shares under certain conditions
- Specialized
1
8.3
An investment like a bond or preferred share that you can change into the company's common stock under certain conditions
How Convertible
11
4.8
Surface Forms
Morphology
Etymology
Convertible comes from Latin parts con- 'together' and vertere 'to turn', the same root as reverse and version. So something convertible can be 'turned into' a different form or use.