omzetbare

Omzetbare is a Dutch adjective meaning able to be converted into another form. In finance and economics it is used to describe both instruments that can be converted into equity or cash and assets that can be readily bought or sold on markets. The term thus covers a range of contexts where a conversion or liquidity feature is present.

In corporate finance, the term is most commonly seen in phrases such as omzetbare lening and omzetbare obligatie. These are debt instruments that include a conversion feature, allowing the holder to exchange the debt for a predetermined number of the issuer’s shares, usually at a fixed conversion price and within a specified period. Convertible instruments blend debt and equity characteristics and can dilute existing shareholders upon conversion; they often offer a lower coupon or interest rate compared with non-convertible debt.

In asset and investment contexts, omzetbare effecten or omzetbare activa refer to securities or assets that can be quickly traded on active markets. This use overlaps with the notion of verhandelbaar (negotiable) and emphasizes liquidity. Examples include high-liquidity government bonds and certain money market instruments, as well as shares in companies with active trading.

The term is formed from the Dutch verb omzetten (to convert) plus the suffix -baar (able to), reflecting the core idea of convertibility or marketability. While most common in financial language, omzetbare can also apply more broadly to claims or assets that can be transformed into cash or other forms of value.