| 释义 |
inconvertibility
in·con·vert·i·ble I0090700 (ĭn′kən-vûr′tə-bəl)adj.1. Not redeemable for money in coin: inconvertible paper currency.2. Not able to be legally exchanged for another currency.
in′con·vert′i·bil′i·ty, in′con·vert′i·ble·ness n.in′con·vert′i·bly adv.Thesaurus| Noun | 1. | inconvertibility - the quality of not being exchangeable; "the inconvertibility of their currency made international trade impossible"exchangeability, fungibility, interchangeability, interchangeableness - the quality of being capable of exchange or interchangeconvertibility - the quality of being exchangeable (especially the ability to convert a currency into gold or other currencies without restriction) |
TranslationsInconvertibility
InconvertibilityThe inability of a local currency to be exchanged for another currency. Often includes transfer risk.InconvertibilityThe state in which a currency may not be exchanged for a foreign currency. A few socialist governments issue inconvertible currencies such as the Cuban peso in order to protect their citizens from perceived capitalist infiltration. Most of the time, however, domestic regulators may deem a foreign currency inconvertible in order to protect local investors from bad investment decisions. For example, regulators may deem a currency going through a period of hyperinflation as inconvertible; that way, investors do not make investments in that currency as they are likely to soon be worthless. See also: Foreign exchange.inconvertibility
Antonyms for inconvertibilitynoun the quality of not being exchangeableRelated Words- exchangeability
- fungibility
- interchangeability
- interchangeableness
Antonyms |