word
Convertible Note
kun-VER-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 — typically at a discount — when the company raises its next funding round
Examples
- The angel investor put in $100K via a convertible note with a 20% discount cap.
Pronunciation tips
Stress the second syllable: 'con-VERT-ible'.
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