Convertible

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Related to Cabriolets: convertible

Convertible

A financial instrument that can be exchanged for another security or equity interest at a pre-agreed time and exchange ratio.

Convertible

A bond or preferred stock that may be exchanged for common stock in the company issuing the convertible at a certain ratio and/or a certain price. A convertible security gives the holder a great deal of flexibility. It reduces risk by guaranteeing a coupon payment or dividend while also allowing the holder to take advantage of a potential, larger return through the ability to convert the security. See also: Convertible option.

convertible

Convertible

A bond or preferred stock that may, under specified conditions, be exchanged for common stock or another security, usually of the same corporation.
References in periodicals archive ?
The new E-Class Cabriolet is the third and youngest member of Mercedes-Benz's E Class family in the region.
Better still, order your Cabriolet with a diesel engine - the most likely power unit in a range that starts at PS35,235 with a 2.
On the other hand, the mightier S- Class Cabriolet Scintillating Performance comes with 0 - 100 kmph in just 4.
This is the remarkable result of a poll just conducted by Audi, which has increased the number of cabriolet cars it offers to meet demand.
And thanks to an insulating filler layer between the exterior layer and roofliner of the hood this cabriolet is one of the quietest on the market.
Each centre will also be hosting activities such as classic open-topped Porsche displays, cabriolet roof treatment demonstrations and Le Mans-themed displays.
Mr Saville said that coupe cabriolets had become a victim of their own success.
Mr Saville said that coup cabriolets had become a victim of their own success.
27 -- With the success E-Class Coupe and the E-Class sedan, the New E-Class Cabriolet reinforces the versatility of the E-Class offerings from the Mercedes-Benz stable
Availability for Approved Used Volkswagen Cabriolets is more abundant around this time of the year and placing orders now for new vehicles will ensure delivery and enjoyment in the forthcoming summer months.
The acoustic soft top, fitted as standard, allows for one of the quietest interiors in the segment for four-seater premium cabriolets with a fabric roof, the statement said.
One aspect of the increase in cars with folding hard-tops, known as coupe- cabriolets is that sales are slowly becoming less concentrated around the summer months.