Definition

Something that cannot be changed or exchanged for something else.

Example

The bonds issued by the company are nonconvertible, meaning they cannot be exchanged for stock.

Conversation

Have you heard about those nonconvertible bonds everyone is talking about?

Yeah, I think they’re a bit risky since you can't exchange them easily.

Exactly! It makes me nervous to invest in something nonconvertible like that.

I agree, I prefer options that offer more flexibility.

Synonyms & Antonyms

Root Explanation

Nonconvertible → It is formed from "non-" (meaning not) and "convertible" (from Latin "convertere", meaning to turn around or change). The word "nonconvertible" means not able to be turned into or changed into another form or use.

Memory Tip

Think of 'not' ('non-') being added to 'convertible', which means something that can be changed. So, nonconvertible refers to something that cannot be changed.

Visually Confused Words