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convertibility N

convertibility option INSUR

convertibility option

full convertibility ECON

Monolingual examples (not verified by PONS Editors)

English
Sometimes countries devalue their currency by ending or altering the convertibility of their currency into precious metals or foreign currency at fixed rates.
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Lastly, the patient builds upon their skills by facing more difficult situations as their convertibility changes.
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When the convertibility was abandoned amid fears of hyperinflation, the attractiveness of this revenue practically disappeared.
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They are included for compatibility and round-trip convertibility with legacy encodings.
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This phase would also involve the coordination of monetary policies and the movement towards intra-regional currency convertibility among all member states.
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The government is yet to eliminate the gap between the black market and official exchange rates by successfully introducing convertibility of the national currency.
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Convertibility first became an issue of significance during the time banknotes began to replace commodity money in the money supply.
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By 1891 a dispute begun between those who supported a return to gold convertibility of money (oreros) and those who opposed convertibility (papeleros).
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When the historic 2.16 peg to the dollar was abandoned in 2001 to allow for greater convertibility the coins began to lose value.
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They are debentures without the convertibility feature attached to them.
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