convertible
Pronunciation: [kənˈvɜːrtəbl]
Context: "vehicles"
(adjective) a type of car that can have its roof removed or lowered. It can be a regular car or a car that you can change to be open at the top for driving in nice weather.
Example
My parents bought a convertible because they love driving with the top down during summer.
Example
The sedan is not convertible, so we can't take the roof off.
Example
Do you prefer a convertible car or one with a solid roof?
Context: "vehicles"
(noun) a car that has a roof that can be opened or taken off. It's fun to drive because you can feel the wind while you are driving.
Example
She took her convertible out for a drive along the beach to enjoy the sunshine.
Example
He wished he could drive a convertible, but he only had a regular car.
Example
What color is your convertible?
Context: "finance"
(noun) a type of investment, usually a bond or stock, that can be changed into a different form, like converted into shares of a company. It's like having a special ticket that you can trade for something else later.
Example
Investing in convertible bonds can be smart because they offer both fixed income and potential stock benefits.
Example
Regular bonds are safer, but they are not convertible, so you miss out on stock gains.
Example
What are the advantages of investing in convertible securities?