nonconvertible

nonconvertible
Not convertible; that cannot be exchanged for an equivalent

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  • nonconvertible — [spelling only] …   English World dictionary

  • nonconvertible — “+ adjective : not convertible nonconvertible bonds * * * adj.; nonconvertibleness, n.; nonconvertibly, adv …   Useful english dictionary

  • Nonconvertible Currency — Any currency that is used primarily for domestic transactions and is not openly traded on a forex market. This usually is a result of government restrictions, which prevent it from being exchanged for foreign currencies. Also known as a blocked… …   Investment dictionary

  • nonconvertible — adj.; nonconvertibleness, n.; nonconvertibly, adv. * * * …   Universalium

  • nonconvertible — adj. cannot be changed, cannot be converted …   English contemporary dictionary

  • nonconvertible — non·convertible …   English syllables

  • Fiat money — Nonconvertible paper money. The New York Times Financial Glossary * * *    Paper money issued by a government that is not convertible into gold or silver. It derives its purchasing power simply from the authority and reputation of the government …   Financial and business terms

  • fiat money — Nonconvertible paper money. Bloomberg Financial Dictionary * * *    Paper money issued by a government that is not convertible into gold or silver. It derives its purchasing power simply from the authority and reputation of the government …   Financial and business terms

  • ВАЛЮТА НЕКОНВЕРТИРУЕМАЯ — (nonconvertible currency) валюта, которая не обменивается на валютных рынках на другие виды валют. Как правило, режим неконвертируемости сопровождается жесткой системой валютного контроля со стороны государства. Характерна для стран с… …   Внешнеэкономический толковый словарь

  • convertible ARM — An ARM for which the borrower has the option to convert from a floating rate loan to a fixed rate loan. Convertible ARMs can typically be converted in the first through fifth years of the mortgage loan. Because borrowers can exercise their… …   Financial and business terms

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