1. In order to keep the currency convertible, they had to keep interest rates high to prevent people from demanding to exchange the gold. 为了保持货币的转换性,他们不得不将利率提高,以防人们向他们索求金子的兑换。
2. Switzerland has already chosen one version of this approach by forcing its two big banks to issue new contingent convertible (CoCo) bonds. 瑞士已经采取了类似的做法,规定其两家大银行发行新的或有可转换(CoCo)债券。
3. Her own car is a convertible VW. 她的车是一辆大众敞篷汽车。
4. The bonds are convertible into ordinary shares. 债券可兑换为普通股。