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单词 convertibility
释义

convertibility


con·vert·i·ble

C0616200 (kən-vûr′tə-bəl)adj.1. Capable of being converted: a convertible sofa bed.2. Having a top that can be folded back or removed: a convertible automobile.3. Lawfully exchangeable for gold or another currency: dollars convertible into yen.n.1. Something that can be converted.2. A convertible automobile.3. A convertible security.
con·vert′i·bil′i·ty n.con·vert′i·bly adv.
Thesaurus
Noun1.convertibility - the quality of being exchangeable (especially the ability to convert a currency into gold or other currencies without restriction)exchangeability, fungibility, interchangeability, interchangeableness - the quality of being capable of exchange or interchangeinconvertibility - the quality of not being exchangeable; "the inconvertibility of their currency made international trade impossible"
Translations
可变换性

convert

(kənˈvəːt) verb1. to change from one thing into another. He has converted his house into four separate flats; This sofa converts into a bed. 轉換,轉變 变换,使转变 2. to change from one religion etc to another. He was converted to Christianity. 改信(宗教) (宗教的)改变 (ˈkonvəːt) noun a person who has been converted to a particular religion etc. a convert to Buddhism. 改變信仰者 改变宗教信仰者conˈvertible adjective that may or can be converted. a convertible sofa. 可轉換的,可改變的 可变换的,可改变的 noun a car with a folding or detachable top. 敞蓬車 活动顶篷式汽车conˌvertiˈbility noun 可變性 可变换性
EncyclopediaSeeconvertibleMedicalSeeconvert

convertibility


Convertibility

The ability to exchange a currency without government restrictions or controls.

Convertibility

The state of or the ease with which a currency may be exchanged for a foreign currency. Currency convertibility is vitally important in the foreign exchange market; higher convertibility means that a currency is more liquid and, therefore, less difficult to trade. Factors affecting convertibility include the availability of foreign currency reserves in a given country and domestic regulations seeking to protect local investors from bad investment decisions in, say, a currency undergoing a period of hyperinflation. A few socialist governments even issue inconvertible currencies, such as the Cuban peso, in order to protect their citizens from perceived capitalist infiltration. See also: Inconvertibility.

convertibility

the extent to which a financial security such as a FOREIGN CURRENCY or CONVERTIBLE LOAN can be exchanged for some other currency or financial ASSET.

convertibility

the extent to which one foreign currency or INTERNATIONAL RESERVE ASSET can be exchanged for some other foreign currency or international reserve asset.

International trade and investment opportunities are maximized when the currencies used to finance them are fully convertible, i.e. free of FOREIGN EXCHANGE CONTROL restrictions.

convertibility


Related to convertibility: Currency Convertibility
  • noun

Antonyms for convertibility

noun the quality of being exchangeable (especially the ability to convert a currency into gold or other currencies without restriction)

Related Words

  • exchangeability
  • fungibility
  • interchangeability
  • interchangeableness

Antonyms

  • inconvertibility
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更新时间:2025/2/7 18:57:11