convertibility

(redirected from Convertible currency)
Also found in: Thesaurus, Financial.

con·vert·i·ble

 (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.
ThesaurusAntonymsRelated WordsSynonymsLegend:
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 interchange
inconvertibility - the quality of not being exchangeable; "the inconvertibility of their currency made international trade impossible"
Translations
قابِليَّة التَّحويل أو الطَّي
přeměnitelnost
konvertibilitetombyttelighed
átválthatóság
breytanleiki
konvertibilita
değiştirilebilme

convertibility

[kənˌvɜːtəˈbɪlɪtɪ] Nconvertibilidad f

convertibility

[kənˌvɜːrtɪˈbɪlɪti] n [currency] → convertibilité f

convertibility

n (of currency)Konvertierbarkeit f, → Konvertibilität f; (of appliances)Umstellbarkeit f

convertibility

[kənˌvɜːtəˈbɪlɪtɪ] nconvertibilità

convert

(kənˈvəːt) verb
1. to change from one thing into another. He has converted his house into four separate flats; This sofa converts into a bed.
2. to change from one religion etc to another. He was converted to Christianity.
(ˈkonvəːt) noun
a person who has been converted to a particular religion etc. a convert to Buddhism.
conˈvertible adjective
that may or can be converted. a convertible sofa.
noun
a car with a folding or detachable top.
conˌvertiˈbility noun
References in periodicals archive ?
Also, according to the President, the law allows non-resident buyers to pay for acquired privatization objects not only in Ukrainian hryvnia, but also in freely convertible currency.
The Central Bank of Kenya's FX operations are simply off the charts, especially when you consider we have a freely convertible currency which is something of a rarity in SSA these days," Mr Satchu said.
22mn was outstanding on convertible currency loans and the remaining Rs 118.
0bn (over INR 126bn) by issuing bonds in US dollar or other convertible currency to fund overseas expansion.
Abdygulov said that the National Bank recommends saving 30% in national currency, 30% in any foreign convertible currency and 30% in gold.
He said: "These agreements support in achieving the UAE's development goals, diversifying sources of national income and supporting the growth of foreign investments as well as protecting it from any non-trade and political risks related to the transfer of profits and revenues in convertible currency.
Both local and foreign entrepreneurs say they are turning their savings and capital into convertible currency to avoid a possible erosion of value resulting from the continuing decline in the value of the shilling.
At present time the ratio of the national currency against the freely convertible currency amounts to: 3,50 manats = 1 US dollar.
The central banks of both countries struck a deal allowing bilateral trade in the ruble and the yuan, as well as in a freely convertible currency.
Another aspect is that currently the Chinese Yuan is not a fully convertible currency which limits its attraction as a reserve currency for central banks.
State TV reported the economy minister, Marino Murillo, gave an update on moves toward eliminating Cuba's unwieldy dual-currency system, which since 1994 has created two pesos: one roughly pegged to the dollar and another, worth about 1/25th the convertible currency, which most ordinary Cubans get paid in.