[
US
/ˌkɑnvɝtɪˈbɪɫɪti/
]
NOUN
- the quality of being exchangeable (especially the ability to convert a currency into gold or other currencies without restriction)
How To Use convertibility In A Sentence
- The launching of the convertibility regime was a landmark in the 1990s in Argentina.
- They expect Hong Kong to eventually become a testing ground for convertibility of the yuan.
- Chinese philosophers believe in the mutual convertibility of blessings and misfortunes and nowhere is this dramatized so vividly as in Chinese officialdom.
- Naturally, as a faithful devotee of the Quantity Theory, he helped create, he was also opposed to the inconvertibility of paper currency and the bimetallist movement.
- While it survived, it served a useful function in obtaining agreement on some economic questions such as currency convertibility and capital transfers.
- With increasing convertibility on the capital account, they will also attract undue attention from currency speculators.
- The late discovery of the monogenesis, reciprocal convertibility, and indestructibility of all Forces in nature, leads us upward towards the recognition of one Omnipresent and Omnipotent Will, which, like a mighty tide, sweeps through the universe and effects all its changes. Christianity and Greek Philosophy or, the relation between spontaneous and reflective thought in Greece and the positive teaching of Christ and His Apostles
- The convertibility of currencies and regulations on foreign ownership or the repatriation of profits are also important.
- Under the IMF's classification, even if Japan were to buy Chinese bonds, they would not be counted as foreign reserves, as only assets with currency convertibility qualify. Japan Hopes China Bond Buying Speeds Market Reforms
- To facilitate this, they demanded convertibility for sterling balances.