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.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Translations
قابِليَّة التَّحويل أو الطَّي
přeměnitelnost
konvertibilitetombyttelighed
átválthatóság
breytanleiki
konvertibilita
değiştirilebilme

convertibility

[kənˌvɜːtəˈbɪlɪtɪ] Nconvertibilidad f
Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005

convertibility

[kənˌvɜːrtɪˈbɪlɪti] n [currency] → convertibilité f
Collins English/French Electronic Resource. © HarperCollins Publishers 2005

convertibility

n (of currency)Konvertierbarkeit f, → Konvertibilität f; (of appliances)Umstellbarkeit f
Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007

convertibility

[kənˌvɜːtəˈbɪlɪtɪ] nconvertibilità
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995

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
Kernerman English Multilingual Dictionary © 2006-2013 K Dictionaries Ltd.
References in periodicals archive ?
It also covers transfer of profits and revenues in convertible currency, granting MFN treatment for investors in the management, maintenance and expansion of investments, with emphasis on non-interference in all investment-related subjects.
It also covers transfer of profits and revenues in convertible currency, granting MFN [most favoured nation] treatment for investors in the management, maintenance and expansion of investments, with emphasis on non-interference in all investment-related subjects.
The ambassador also revealed that Nepal has one of the lowest Corporate Income tax rates amongst its neighbouring countries and Residential Visas are granted directly to those who invest more than $100,000 in convertible currency. "We, therefore, invite investment both from foreign governments and private sectors to contribute to the economic growth of Nepal." "With its vast geographical area and huge biodiversity- from the arable land just 80 metres above sea level to the top of the world, Mount Everest - Nepal offers immense potential for investment in the agricultural sector," Dhakal said.
As indicated on the website of the International Air Transport Association (IATA), passengers are allowed to carry up to LE 5,000, or $10,000 or the equivalent in freely convertible currency. A month earlier, a German woman and a Turkish man tried to get 11 kilograms of cocaine into the country.
The measure enabled any Venezuelan to register in the blockchain and acquire petro for convertible currency.
Qatar is also allocating lands by way of rent for up to 50 years to foreign investors to establish their projects while allowing foreign companies to transfer their investment returns to their home countries in any convertible currency and investors to transfer the ownership of their companies to a Qatari or foreign investor in accordance with applicable laws.
"The Qatari riyal is now a convertible currency in Turkey; business owners and individuals can make their transfers in local currencies," he said.
The country's international reserve positionas of August this year was at USD 1.1bn, withthe Rupee reserve forming Rs 20.5bn and convertible currency reserve at USD 817 mn.
Assets in freely convertible currency amounted to $15.74 billion, which was a decrease by 8.66 percent (13.77 percent since the beginning of the year).
"A shift to a convertible currency is a natural reaction when people lose faith in the local currency and want to shift quickly to something they will know will hold value as is the case now," Oxford Economics senior economist Maya Senussi told Arab News.
For a net importer country such as Kenya, a strengthening currency may result in lower consumer prices while exporters feel the pinch as earnings in shillings dip."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.