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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.

It also holds some A$300 million of convertible notes on its balance sheet.

From The Wall Street Journal

Laura is next seen in the backseat of a red convertible with her boyfriend and another couple, headed on a trip, looking no less uncomfortable.

From Los Angeles Times

Seeking such an asymmetric performance trade-off—less upside for more downside protection—is typical for investors in the hybrid securities known as convertible bonds External link, which have qualities of both stocks and bonds.

From Barron's

The company borrowed against its rising stock, often with convertible debt, but still needs to make dividend payments.

From The Wall Street Journal

Oh—and not only will there will be no dividend in 2026, but the company sold €5 billion in convertible debt to shore up its balance sheet.

From Barron's