See Also: Convertible 100(money)
convertible(dictionary)
Convertible(money)
Convertible Instrument(law)
Convertible price(finance)
Convertible eurobond(finance)
Convertible bond(finance)
Convertible arbitrage(finance)
Toxic Convertible(finance)
Cash plus convertible(finance)

convertible (iou)



convertible adjective & noun. LME.
[Old & mod. French from Latin convertibilis, from convertere CONVERT verb: see -IBLE.]
A. adjective.
Interchangeable; (of terms) synonymous. LME.
b. Logic. That may be legitimately transposed by conversion (CONVERSION 6). L16.
Able to be turned or directed. L15-M17.
Able to be changed (into or to something else). M16.
b. Of a motor car etc.: having a roof that can be folded down or removed. E20.
Able to be converted to a religion, belief, opinion, etc. E19.
Able to be turned to a particular use or purpose. E19.
Able to be converted by exchange; esp. (a) (of paper money) able to be converted into coin; (b) (of currency etc.) that may be converted into gold or US dollars; (c) (of a bond, stock, etc.) that may be converted into other shares, esp. ordinary shares. M19.
b. noun.
In pl. Interchangeable or synonymous things or terms. E17.
A motor car etc. with a folding or removable roof. E20.
A convertible bond etc. M20.
converti'bility noun M18.
convertibly adverb E18.