inconvertible

(redirected from Nonconvertible Currency)
Also found in: Thesaurus, Financial, Encyclopedia.
Related to Nonconvertible Currency: Blocked currency, Freely Convertible Currency

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.
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.

inconvertible

(ˌɪnkənˈvɜːtəbəl)
adj
1. incapable of being converted or changed
2. (Banking & Finance) (of paper currency)
a. not redeemable for gold or silver specie
b. not exchangeable for another currency
ˌinconˌvertiˈbility, ˌinconˈvertibleness n
ˌinconˈvertibly adv
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

in•con•vert•i•ble

(ˌɪn kənˈvɜr tə bəl)

adj.
1. (of paper money) not capable of being converted into specie.
2. not interchangeable.
[1640–50; < Late Latin]
in`con•vert`i•bil′i•ty, n.
in`con•vert′i•bly, adv.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Adj.1.inconvertible - used especially of currenciesinconvertible - used especially of currencies; incapable of being exchanged for or replaced by another currency of equal value
convertible, exchangeable - capable of being exchanged for or replaced by something of equal value; "convertible securities"
2.inconvertible - not capable of being changed into something else; "the alchemists were unable to accept the inconvertible nature of elemental metals"
incommutable - not subject to alteration or change
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Translations

inconvertible

[ˌɪnkənˈvɜːtəbl] ADJinconvertible
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

inconvertible

adj (Fin) → uneinlösbar, inkonvertibel
Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007

inconvertible

[ˌɪnkənˈvɜːtəbl] adjinconvertibile
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995
References in periodicals archive ?
The program for self-betterment that young Jimmy Gatz formulates in North Dakota recalls the prudent, practical resolves Benjamin Franklin adopted in order to achieve his own financial and moral security, but the enlightened materialist Franklin also successfully championed the use of land as the nominal basis of a paper currency; and the great-uncle whom Nick identifies as "the actual founder of [the Carraway] line" (6) would almost certainly have benefited from the Civil War-era issuing of greenbacks, a completely nonconvertible currency. We may nevertheless see a symbolically apt gesture of renunciation in the final social interaction that Nick mentions.
The Rupee was a nonconvertible currency and therefore did not face challenges from stronger currencies.
China is earning foreign currencies by exporting, and the Central Bank of China is obliged to buy it domestically under a nonconvertible currency regime.