inconvertibility


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in·con·vert·i·ble

 (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.
ThesaurusAntonymsRelated WordsSynonymsLegend:
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] Ninconvertibilidad f

inconvertibility

n (Fin) → Uneinlösbarkeit f, → Inkonvertibilität f
References in periodicals archive ?
O'Sullivan said, the biggest risk facing joint ventures is currency inconvertibility.
This record is a result of many issues and obstacles, including the tax situation, mineral right ownership, currency inconvertibility, infrastructure problems and Russian accounting requirements," Crump said.
Special coverages include political risk insurance; kidnap and ransom; "gap" policies; war, revolution and insurrection; expropriation; and inconvertibility of currency.
The 10-year political risk insurance policy covers up to 18 months of interest payments on the notes against the risks of currency inconvertibility and non-transfer.
The ZEMS policy protects against certain political risks, including currency inconvertibility and expropriation of funds.
The Indonesian downgrades, for instance, reflect the increased risk of inconvertibility of the Rupiah to U.
Customer bankruptcy or payment default, trade embargo, license cancellation, confiscation, expropriation, nationalization or currency inconvertibility.
The downgrade explicitly indicates the increased risk of inconvertibility of the Rupiah to U.
Political risks, which range from kidnap and ransom, expropriation and terrorism to currency inconvertibility, essentially involve the risk a company takes when it invests in a foreign country.
The project also has been approved for Overseas Private Investment Corporation (OPIC) insurance against political risk such as currency inconvertibility and expropriation of assets.
Multi-country policies also signal that insureds are not "attempting to adversely select high-risk countries for coverage," Marsh writes in its report, and carriers can customize coverage to cover a broad range of risks, including political violence, expropriation, currency inconvertibility, non-payment and contract frustration.
Political risks (currency inconvertibility, exchange transfer risk, import/export embargo or license cancellation)