Convertible properties refer to assets that can be converted from one form to another, usually into cash. There are different synonyms for the phrase "convertible properties," such as liquid assets, readily marketable assets, and negotiable instruments. Liquid assets are assets that can be easily converted into cash without experiencing a significant loss in value. These include stocks, bonds, and money market accounts. Readily marketable assets, on the other hand, are assets that can be sold quickly in the market. These include short-term government securities and commercial papers. Lastly, negotiable instruments refer to financial documents that can be sold to another party, such as promissory notes and bills of exchange.