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Definitions

convertible

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


Example Sentences

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As of Sept. 30, Amazon said it held 164 million shares of Anthropic’s nonvoting preferred stock and convertible notes, which it estimates to be worth about $146.2 billion, although its stake is capped at 12%.

From MarketWatch ● Nov. 3, 2026

The so-called mandatory convertible preferred stock is expected to carry a dividend yield of 6% to 6.5%.

From Barron's ● Oct. 26, 2026

Sorry, Audi-philes: There will be no replacement for the old A4 sedan, no convertible model and no wagon variant, what the company calls the Avant.

From The Wall Street Journal ● Oct. 24, 2026

The vast majority of that loss, $72 billion, resulted from accounting charges tied to changes in the value of convertible notes and other instruments the company issued to raise funding.

From The Wall Street Journal ● Oct. 20, 2026

I kneeled between two cars and watched her lean over the hood of a white convertible and paint the windshield.

From "Made You Up" by Francesca Zappia

It has been an artificial-intelligence story, says Michael Youngworth, the director of convertibles research at BofA Securities.

From Barron's ● Jun. 26, 2026

“What benefits convertible bond issuers: high stock prices, tight credit spreads, and well-supported stock volatility. We have all three of those things right now,” said Michael Youngworth, head of global convertibles strategy at BofA Securities.

From The Wall Street Journal ● Jun. 17, 2026

For a while, convertibles were what people dreamed of buying, and manufacturers were happy to make them.

From BBC ● Jun. 14, 2026

The delta on the convertibles is estimated at around 70%, according to Bloomberg, meaning holders of the preferred will see a 70-cent increase for a $1 increase in the common stock.

From Barron's ● Jun. 9, 2026

Others went by in convertibles, off to play tennis or ride horses or sail.

From "Hunger of Memory" by Richard Rodriguez


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