Convertible

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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 ?
Summary: At this year's Consumer Electronics Show, Lenovo was all about the convertible laptops.
By joining with Intel to create the new Lenovo Classmate+ Clamshell and Classmate+ Convertible laptops, we're demonstrating how mobile computing fits into any learning environment, no matter the location or budget.
The Avion Convertible Laptop Bag is the brainchild of Penelope Manasco, founder of Penelope, a Wake Forest, N.
The 14-inch convertible laptop has up to 256 GB SSD storage so that users can launch apps and transfer files faster, focus on work with reduced noise and better recover their files even if they drop or knock the laptop.
Lenovo, the world's largest PC maker and a significant player in tablets and smartphones, today announced the launch of its latest convertible laptop in India, the YOGA 710.
An ideal entry convertible laptop, the FLEX 3 now comes with a 360A hinge, allowing the touch screen to rotate full circle so users can put it in Tablet mode.
The Yoga 900 is a convertible laptop and prices start at $1,199.
6-inch convertible laptop that features a Gorilla Glass screen
Multimode computing leader Lenovo today at the 2014 International Consumer Electronics Showannounced new additions to its multimode product lineupwith the MIIX 2, a detachable three-mode laptop; the YOGA 2, a smarter convertible laptop with four unique modes; and the Flex 14D and 15D, dual mode convertible laptops that give consumers incredible value.
0) in select new Lenovo PCs including the recently announced Yoga 2 Pro multimode convertible laptop.
The Yoga 2 is a great convertible laptop, and a fantastic ultrabook to buy.
Unfortunately the E6420ATG - the laptop meant for rugged conditions and the Dell XT3 - the convertible laptop were not on display.