English version

convertible in Currencies topic

From Longman Dictionary of Contemporary Englishconvertiblecon‧ver‧ti‧ble1 /kənˈvɜːtəbəl $ -ɜːr-/ ●○○ AWL adjective  1 CHANGE/MAKE something DIFFERENTan object that is convertible can be folded or arranged in a different way so that it can be used as something else a convertible sofa2 PEC technical able to be exchanged for the money of another country a convertible currency3 technical a financial document such as an insurance arrangement or a bond that is convertible can be exchanged for money, stocks etcconvertibility /kənˌvɜːtəˈbɪləti $ -ɜːr-/ noun [uncountable]
Examples from the Corpus
convertibleNintendo, a video-games maker, pulled its issue of convertible bonds.Fernando was waiting for her at the kerbside, leaning against his white convertible Mercedes.My financial advisor suggested we invest in convertible preferred stock.a convertible sofa bedThe rooms are equipped with bathrooms and convertible sofas for parents who want to stay with their children.The X100 will come in both fixed-head and convertible versions.This is a convertible wall and can come down when the family wishes to entertain.convertible currencyPerhaps in two or three years we will have a convertible currency.There is still no mobile phone system, no credit cards and no convertible currency.He has argued for the introduction of a convertible currency parallel to the existing non-convertible rouble.