Definitions

1. adjective

capable of being converted or changed into something else

“The new software is a convertible version of the original program.”

2. noun

a car or vehicle whose roof can be opened or removed

“She drove her convertible to the beach and enjoyed the warm weather.”

3. noun

a bond or loan that can be converted into a different type of security

“The company issued convertible bonds to raise capital.”

4. noun

a financial instrument that can be converted into a different currency

“The exchange rate of the convertible note is tied to the US dollar.”