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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

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

It will amount to a twin offering with $7.5 billion of preferred convertible into Alphabet’s class A voting shares and the other $7.5 billion of preferred exchangeable into the company’s nonvoting class C stock.

From Barron's • Jun. 2, 2026

He pulled up in an old Karmann Ghia convertible.

From "Eleanor & Park" by Rainbow Rowell




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