The ability to exchange a currency without government restrictions or controls. Bloomberg Financial Dictionary

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convertible con‧ver‧ti‧ble [kənˈvɜːtbl ǁ -ɜːr-] adjective
able to be changed from one thing to another:

• The new preferred shares will be convertible immediately to common shares.

— convertibility noun [uncountable] :

• The step toward currency convertibility is part of an attempt to move to a free market.

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convertibility UK US /kənˌvɜːtəˈbɪləti/ noun [U]
FINANCE, STOCK MARKET the fact of being able to exchange one type of currency, share, etc. for another: »

currency convertibility

Financial and business terms. 2012.

Look at other dictionaries:

  • Convertibility — is the quality that allows money or other financial instruments to be converted into other liquid stores of value. Convertibility is an important factor in international trade, where instruments valued in different currencies must be… …   Wikipedia

  • Convertibility — Con*vert i*bil i*ty, n. The condition or quality of being convertible; capability of being exchanged; convertibleness. [1913 Webster] The mutual convertibility of land into money, and of money into land. Burke. [1913 Webster] …   The Collaborative International Dictionary of English

  • Convertibility — The degree of freedom to exchange a currency without government restrictions or controls. The New York Times Financial Glossary * * * convertible con‧ver‧ti‧ble [kənˈvɜːtbl ǁ ɜːr ] adjective able to be changed from one thing to another: • The… …   Financial and business terms

  • convertibility — convertible ► ADJECTIVE 1) able to be converted. 2) (of a car) having a folding or detachable roof. ► NOUN ▪ a convertible car. DERIVATIVES convertibility noun …   English terms dictionary

  • convertibility — noun see convertible I …   New Collegiate Dictionary

  • convertibility — See convertible. * * * …   Universalium

  • convertibility — noun a) The quality of being convertible b) The quality of a currency of being exchangeable for gold or other currencies …   Wiktionary

  • convertibility — con·vert·i·bil·i·ty || kÉ™n‚vɜːtÉ™ bɪlÉ™tɪ n. quality of being exchangeable …   English contemporary dictionary

  • convertibility — con·vert·ibil·ity …   English syllables

  • convertibility — /kənˌvɜ:tə bɪləti/ noun the ability of a currency to be exchanged for another easily …   Dictionary of banking and finance

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