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a car that has a foldable or detachable roof
What is a "convertible"?
A convertible is a car with a roof that can be folded down or removed, allowing it to be driven with an open top. This type of car provides an open-air driving experience, which is popular in warm weather. Convertibles usually have either a soft fabric roof or a hard roof that can be retracted. They are designed for both style and enjoyment, often found in sports cars and luxury vehicles. While they offer a fun driving experience, they may have less protection from weather and noise compared to regular cars with fixed roofs.
a sofa that can be converted into a bed
a corporate security (usually bonds or preferred stock) that can be exchanged for another form of security (usually common stock)
able to be changed from one form of currency, investment, or security into another
capable of changing in form to be used for different purposes
capable of being changed in substance as if by alchemy