effective at becoming altered in type, compound, or problem; vulnerable of change; transmutable; transformable: since, metal is convertible into metal, and wood into charcoal.
with the capacity of being turned into an equivalent by change; transformable by shared transfer: because, bonds or scrip convertible into other securities; convertible property.
Specifically, in banking and com., effective at being converted or turned into gold of comparable amount whenever you want: applied to bank-notes as well as other forms of paper money: because, a convertible report currency.
effective at becoming used or turned, regarding a unique use.
So constituted as to be interchangeable; comparable in a few or all areas.
In reasoning, true, or asserted to be true, after transformation and/or interchange of subject and predicate. See transformation, 2.