inconvertibility


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  • noun

Antonyms for inconvertibility

the quality of not being exchangeable

References in periodicals archive ?
After struggling to remain with gold, the Mexican government opted for inconvertibility in July, 1931, around the same time as Chile, but as late as 1933 was seeking to re-institute a silver standard in order to combat monetary anarchy.
It also provides protection for political risk exposures such as currency inconvertibility, exchange transfer risk, import/export embargo and license cancellation.
Specifically, ATI covers risks such as expropriation, non-payment by governments, state-owned companies and corporates, non-honouring of sovereign and sub- sovereign obligations, political violence (including terrorism and sabotage), currency inconvertibility and embargoes.
The Hartford's political risk insurance policy helps corporations and private equity firms with global operations protect their investments and assets overseas from various political risks, such as expropriation, political violence, currency inconvertibility and breach of contract.
Specifically, ATI covers risks such as expropriation, non-payment by governments, state-owned companies and corpo-rates, non-honouring of sovereign and sub-sovereign obligations, political violence (including terrorism and sabotage), currency inconvertibility and embargoes.
In other words, the control measures for each weapon category should cover both weapons and potential weapons alike or prelaunched inspections should ensure the inconvertibility into weapons.
* Nonpayment resulting from currency inconvertibility;
As this is foreign money coming into the country, you can insure it against political risk, such as confiscation, expropriation, and nationalization; you can insure it for inconvertibility of currency, [and] for frustration of contract (breach of contract) that is due to political reasons, [meaning] a political decision in the country to stop the contract.
Products offered under the AEGF will include insurance against sovereign or sub-sovereign non-payment under a PPA, expropriation and breach of contract, currency inconvertibility, war, civil unrest and arbitration award default.
The guarantees are being provided against the risks of expropriation, transfer restriction and inconvertibility, breach of contract, and war and civil disturbance, it stated.
Gold outflow at the beginning of the war resulted in inconvertibility of the currency and was a challenge to Britain's goal to preserve London as the world's financial center.
Global Times (2010), Inconvertibility constrains CAFTA trading in yuan, 04.01.2014 http://www.china.org.cn/business/2010-01/04/content_19174756.htm, accessed 17 June 2013.
One of the problems of inconvertibility is that one loses control over a potential handle on the source of price instability; variations in the value of money could not be as effectively managed as compared to the ingot plan.
A conservative fiscal policy since 1991, including inconvertibility of its soum, has shielded its citizens from hyper-inflation which ravaged other FSU states, but the policy has diminished FDI.