convertible

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 company said Wednesday that the Series F financing round includes $70 million in new capital and the conversion of $30 million in convertible promissory notes with accrued interest.

From The Wall Street Journal

Each Class A share is convertible into 1,500 B shares.

From The Wall Street Journal

The company added that the investors in the new convertible preferred shares, which will pay a 4.75% annual dividend, are committing to buy the stock to help fund one or more acquisitions through July 15.

From Barron's

Some relied on convertible bonds, which offer lower interest rates while giving lenders the option to be repaid in shares instead of cash.

From Barron's

If rain does come, the tops will go up on the convertibles that traverse the parade route, Eads said.

From Los Angeles Times