Meaning of convertible

Definition of convertible

(adj) capable of being exchanged for or replaced by something of equal value; "convertible securities"
designed to be changed from one use or form to another; "a convertible sofa"; "a convertible coupe"
capable of being changed in substance as if by alchemy; "is lead really transmutable into gold?"; "ideas translatable into reality"
(noun) a car that has top that can be folded or removed
a corporate security (usually bonds or preferred stock) that can be exchanged for another form of security (usually common stock)
a sofa that can be converted into a bed

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