convertible

IPA: kʌnvˈɝtʌbʌɫ

(dated, in the plural) Interchangeable things or terms.
(vehicles) A convertible car: a car with a removable or foldable roof able to convert from a closed to open vehicle and back again.
(finance) A convertible security: a stock, bond, etc. that can be turned into another (usually common stock) under certain set terms.
(computing) A computer able to convert from laptop to tablet and back again.

Able to be converted
Able to be exchanged, one for the other, especially
(historical numismatics) Able to be exchanged for specie.
(numismatics) Able to be exchanged for foreign currency.
(finance) Able to be exchanged for a different class of security (usually common stock) under certain set terms.
(logic) Able to undergo conversion (i.e., inversion) without falsehood.
Able to be turned, especially
(obsolete) Able to be turned in a different direction.
Able to be turned to a different purpose.
Able to be turned to a different religion or belief.
Able to be turned into a different thing, especially
(vehicles) Able to change from a closed to an open frame and back again.
(obsolete) Able to be easily digested.

Examples of "convertible" in Sentences

Mini Cooper convertible is cute but quirky - USATODAY. com
It also plans to raise up to € 250 million in convertible bonds.
The Mini Cooper convertible is charming, but has some annoyances.
As of June 30, the fund had 24% of its assets in convertible bonds.
The Mini Cooper convertible is like a puppy in a pet shop: Oooooh, so cute!
Advice: Buy a multisector bond fund that has a large portion of its portfolio in convertible bonds.
Mini convertible is 145.6 inches long (except S and JCW are 146.2 inches long), 66.3 inches wide, 55.4 inches tall on a 97. 1-inch wheelbase.
Japan's Elpida Memory Inc. said this month it will issue 60 billion yen (about $738 million) in convertible bonds partly to finance its capital outlays for its dynamic random access memory chip facilities.