Longman Dictionary of Contemporary English homepage

Topic: CURRENCIES

convertible

1 adjective
     
con‧ver‧ti‧ble1
1 an object that is convertible can be folded or arranged in a different way so that it can be used as something else:
a convertible sofa
2PEC technical able to be exchanged for the money of another country:
3 technical a financial document such as an insurance arrangement or a bond that is convertible can be exchanged for money, stocks etc
—convertibility noun [uncountable]
Definition of convertible from the Longman Dictionary of Contemporary English within
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