kě​zhuǎn​zhài

convertible bond

  1. adjectiveauxiliary
    worth
    worth; worthy of; used as a prefix to mean "-able" or "-worthy"
  2. abbreviation of 转换 轉換 zhuǎn​huàn
    to change
    to change; to switch; to convert or transform into something different
  3. abbreviation of 债券 債券 zhài​quàn
    bond
    bond; debenture; a certificate of debt issued by a government or corporation that promises to pay back the loan amount plus interest at a fixed time