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Definitions

convertible

[kuhn-vur-tuh-buhl] / kənˈvɜr tə bəl /


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The $16.8 billion mandatory convertible preferred deal is the largest such deal ever by a wide margin.

From Barron's • Jun. 3, 2026

The company sold $18 billion in common stock and $16.8 billion in convertible preferred stock with a 6.25% dividend yield.

From Barron's • Jun. 3, 2026

Those very bullish on Alphabet—the parent of Google—are better off with the common shares, although mandatory convertible do offer nice upside.

From Barron's • Jun. 2, 2026

Investors owning mandatory convertible preferred tend to do better versus owning the common stock if the stock declines or appreciates modestly over three years.

From Barron's • Jun. 2, 2026

He then jumped into his convertible, sped all the way to Canada, stopped at the first Mountie station he found and tried to enlist.

From "Seabiscuit: An American Legend" by Laura Hillenbrand




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