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inconvertibility
(redirected from Currency Inconvertibility)

    Also found in: Financial 0.01 sec.
in·con·vert·i·ble  (nkn-vûrt-bl)
adj.
1. Not redeemable for money in coin: inconvertible paper currency.
2. Not able to be legally exchanged for another currency.
incon·verti·bili·ty, incon·verti·ble·ness n.
incon·verti·bly adv.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.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 interchange
convertibility - the quality of being exchangeable (especially the ability to convert a currency into gold or other currencies without restriction)
Translations
inconvertibility [ˈɪnkənˌvɜːtɪˈbɪlɪtɪ] N → inconvertibilidad f
inconvertibility
n (Fin) → Uneinlösbarkeit f, → Inkonvertibilität f
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The US$ 5 million MIGA guarantee insures the company's investment in a polyethylene terephthalate (PET) preforms plant, the raw material used in producing beverage bottles, located 17 kilometres outside Baghdad, against currency inconvertibility and transfer restriction, expropriation, along with war and civil disturbance risks.
Rising property project opportunities in Iraq by Andy McTiernan Property & Economy Bulletin
The guarantee was issued under MIGA's Small Investment Program, and provides coverage against the risks of currency inconvertibility and transfer restriction, expropriation, and war and civil disturbance.
World Bank's insures first investment in Iraq by CPI Financial
This insurance, issued by a US Government agency [Overseas Private Investment Corporation] insures our investment against loss from civil strife, nationalization and currency inconvertibility," he said.
Long term prospects. For risk-adjusted returns and sustainable ... by Soma Digest (Suleimanieh, Iraq)
 
 
 
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