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Definitions

convertible

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


Example Sentences

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However, it lacks the downside protection that often is embedded in convertible securities since the Alphabet convertible preferred will automatically convert into common stock in three years.

From Barron's • Jun. 3, 2026

It sold around $16.8 billion of mandatory convertible preferred stock with a 6.25% dividend yield, up from a planned $15 billion.

From Barron's • Jun. 3, 2026

What’s Next: The $15 billion of convertible preferred stock will likely be among the largest such offerings sold.

From Barron's • Jun. 2, 2026

The financing includes $15 billion in common-equity, $15 billion in convertible preferred stock, and $10 billion to Berkshire Hathaway.

From Barron's • Jun. 2, 2026

Still, she didn’t exactly blend in—driving around town in the Mercedes convertible she and Frank had bought in Turkey, with Eck von Heinerberg in the passenger seat.

From "Fallout: Spies, Superbombs, and the Ultimate Cold War Showdown" by Steve Sheinkin




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