non-convertible
adjective
finance & economicsspecialized(alsononconvertible)uk/ˌnɒn.kənˈvɜː.tə.bəl/us/ˌnɑːn.kənˈvɝː.t̬ə.bəl/A non-convertibletypeofmoneycannot beeasilyexchangedinto othertypesofmoney:
a non-convertiblecurrency/bond/security
Trade between the twocountrieswasconductedin non-convertiblecurrency.
- Convertible or non-convertiblebondsup to thevalueofhalfof thestockcapitalmay be used.
- Hejumpeda two-yearwaitinglistandpaidin non-convertiblecurrencyinsteadof thespecialhard-currencycertificatesreservedforforeignnationals.
- Salariestypicallyrangefrom 400 non-convertiblepesosamonthfor afactoryworkerto 700 for adoctor.
Currencies
- Altcoin
- ariary
- bimetallism
- bitcoin
- CDN
- colon
- denomination
- escudo
- franc
- krone
- lira
- pieces of eight
- quetzal
- renminbi
- repeg
- ringgit
- rouble
- Schilling
- shekel
- shilling
You can also find related words, phrases, and synonyms in the topics:
Stock markets
Synonym
inconvertible
Opposite
convertiblespecialized