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Adjective(1) capable of being exchanged for or replaced by something of equal value(2) designed to be changed from one use or form to another(3) capable of being changed in substance as if by alchemy(4) changeable
Noun(1) a car that has top that can be folded or removed(2) a corporate security (usually bonds or preferred stock, usually common stock(3) a sofa that can be converted into a bed(4) a corporate security (usually bonds or preferred stock) that can be exchanged for another form of security (usually common stock)

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(1) A mother and daughter in a silver convertible BMW with its roof down, were chased and targeted by the violent rider of a Vespa-type moped.(2) The remainder is invested into common and preferred stock, and cash and convertible bonds, which can be transformed into equity at an investor's discretion.(3) Donations can be made in any convertible currency.(4) This allows us to get a first yield spread estimate and, thus, a first price estimate of the equivalent nonconvertible bond for a greater number of convertible bonds.(5) What's more, a coupe and a convertible version of the G6 are coming.(6) This chart shows the performance of a convertible bond as the stock price rises.(7) Unlike with regular bonds, however, you can exchange your convertible bond for stock in the company at a certain price.(8) And not only eminently convertible Victorian primaries are in trouble.(9) You enjoy the soundtrack a lot more in the convertible version, and I could often be found in tunnels, gearing down, top down, and enjoying the soundtrack of this engine.(10) The dollar became the only currency still convertible to gold on demand - but only by treasuries and banks, not individuals.(11) Thus, the number of convertible bond prices that can be examined is limited to the availability of nonconvertible corporate bonds in the same cell the convertible bond belongs in.(12) Hong Kong has a strong rule of law, its currency is fully convertible , and there are no restrictions on capital.(13) The gold standard is a monetary system in which paper money is freely convertible into a fixed amount of gold.(14) But at the same time, the country was economically bankrupt and the population was clamoring for a stable, convertible currency.(15) Again the convertible mechanism varied from one sofa bed to another.(16) But at the same time, the platform is so solid it's hard to believe the car is a convertible .