word
Business
Convertible Note
kun-VUR-tih-bul NOHT
/kənˈvɜːrtɪbəl noʊt/Listen
Hear it in a clear American voice. Slow it down to catch each syllable.
Syllable breakdown
Convertiblenote
Dictionary meaning
A short-term debt instrument that converts into equity at a future funding round.
Examples
- The angel investor funded the company via a convertible note at a $5M cap.
Pronunciation tips
Two words. 'Convertible': stress on second syllable.
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