convertible (EN)

adjective, noun

adjective “convertible”

1. able to be changed into a different form or function
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   The sofa is convertible into a bed, making it perfect for when we have overnight guests staying.
2. (finance) able to be exchanged for shares of stock
   The company issued convertible bonds, allowing investors to convert their bonds into company shares in the future.
3. (of currency) able to be freely exchanged for other currencies
   The US dollar is a fully convertible currency, so it's accepted in many countries around the world.

noun “convertible”

1. a car with a roof that can be folded down or removed
   They took a scenic drive in their convertible, enjoying the wind in their hair and the sunshine.
2. (finance) a bond or other security that can be exchanged for shares
   She invested in convertibles to have the option of becoming a shareholder if the company performed well.
3. a computer that can switch between laptop and tablet modes
   He prefers using a convertible for its flexibility between typing on a keyboard and using it as a touch-screen tablet.