convertible: Meaning and Definition of

con•vert•i•ble

1. capable of being converted.
2. having a folding top, as an automobile or pleasure boat.
3. exchangeable for something of equal value: debts payable only in convertible currencies.

1. an automobile or a boat with a folding top.
2. a sofa, couch, or chair whose seating section can be folded out into a bed.
3. a convertible bond or security.