convertibility

noun
UK /kənˌvɜː.təˈbɪl.ə.ti/
US /kənˌvɝː.təˈbɪl.ə.t̬i/

Convertibility is how easily one thing can be changed into another thing.

The convertibility of the sofa into a bed makes it great for guests.


OTHER MEANINGS

2. In money, it means how easily a currency can be swapped for another currency.

The convertibility of the dollar made trading with other countries easier.

3. The ability of paper money to be exchanged for gold or silver.

The old banknotes had convertibility into gold.

4. The quality of being able to be changed in form or use.

The convertibility of the room from an office to a bedroom was very handy.