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Related to Currency Inconvertibility: Blocked currency
  • noun

Antonyms for inconvertibility

the quality of not being exchangeable

References in periodicals archive ?
The organisation's political risk insurance policies already cover lenders financing projects, overseas investors or export contractors against losses arising from any one or a combination of the following risk events: expropriation, such as nationalisation of an investment or plant and equipment by the overseas host government; war damage or political violence; currency inconvertibility and exchange transfer blockage; and sovereign breach of contract.
investors against losses that might arise from currency inconvertibility or expropriation.
A large investment bank making a loan in Argentina for a major infrastructure project would want to have currency inconvertibility coverage to make sure it can get loan payments out of the country.
When exporting to overseas markets where credit and financial information often is not as readily available as it is in the United States and business and accounting practices differ, credit managers face the risks of currency inconvertibility, economic and political instability and adverse government actions in addition to customer insolvency.
In addition, OPIC-supported PRI facilities will help to accelerate capital-raising cycles for investment funds by providing fund managers and their limited partners with long-term coverage against the risk of losses to their investments which may be caused by expropriation, currency inconvertibility, and political violence.
Combine this with the possibility of changes in political regimes, political violence (think Arab Spring, Orange Revolution, Occupy Wall Street), government interference, expropriation, transfer risk or currency inconvertibility, and international expansion becomes downright treacherous.
With cross-border M&As becoming more common, companies involved with transactions in emerging markets--and their financiers--face risks such as the expropriation of assets, currency inconvertibility and acts of violence.
International policies generally cover losses due to political instability, currency inconvertibility, embargoes, acts of war and natural disasters.
investors against expropriation or currency inconvertibility.
Export credit insurance covers both political losses resulting from conditions such as war, expropriation and currency inconvertibility and commercial losses resulting from insolvency or default.
However, a separate political risk policy had to be added to protect against the risks of expropriation, nationalization or currency inconvertibility.
Widespread sovereign debt defaults on bank loans (principally in Latin America) produced a wave of currency inconvertibility claims as well.
Asked about their companies' loss experiences, more than one-third had experienced transfer-risk losses, such as currency inconvertibility or repatriation restrictions; 24% had suffered losses from trade risks, such as embargoes; 19% from political violence; and 18% from expropriation risks.
Zurich's coverage includes expropriation, political violence and currency inconvertibility due to political instability.
Aon ranked the political and economic risk of 209 countries and territories, measuring risk of currency inconvertibility and transfer; strikes, riots and civil commotion; war; terrorism; sovereign non-payment; political interference; supply chain interruption; legal and regulatory risk.