versitool
noun
Plural: versitools
A versatile tool that can be adjusted or transformed for many functions, such as universal screwdrivers with a single handle accompanied with a set of interchangeable bits; poly-functional tool; multi-function tool.
Examples:
Dad's precious disassemblable versitool landed black handle down and bopped the unaware girl on the head. (Context: A boy in a treetop is trying to chisel out a key ingrown in wood. Wanting to attract the attention of a girl playing under the tree, he intentionally drops one of his tools. Unfortunately, Dad's convertible screwdriver hits the girl's head. Source: J∙ Okram - The Mystery of the Rammed Key.)