Convertible in example sentence

Rather than going along with the new 8% reserve requirement adopted elsewhere, the SNB now demands equity capital equal to 19% of risk-weighted assets, of which 9% can be held in convertible capital, while 10% must be held in common equity.

More example sentences with word convertible

So I'm sitting here looking at the next two decades of my life, this chasm of happiness that we're driving our proverbial convertible straight into.

Woman: If Dan were a brand, he might be a classic convertible Mercedes Benz.

For example, in the scene depicting the Inaugural Parade, the First Lady is in a Rolls Royce convertible with agent Killion and without the President.

The four LA cops in fedoras driving around in a big black convertible look faintly absurd, and even more ridiculous when it turns out that Nick Nolte, the dumbest-looking of the lot, is in charge.

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