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Convertible
01
a car that has a foldable or detachable roof
02
a sofa that can be converted into a bed
03
a corporate security (usually bonds or preferred stock) that can be exchanged for another form of security (usually common stock)
convertible
01
able to be changed from one form of currency, investment, or security into another
02
designed to be changed from one use or form to another
03
capable of being changed in substance as if by alchemy
Example
He drives a red convertible.
On a sunny afternoon, they decided to take a spin around the countryside in their convertible.
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