convertible currency
noun[CorU]
ukuspluralconvertible currenciesECONOMICS,FINANCE
acurrencythat caneasilybeexchangedfor thecurrencyof anothercountry:
Thepaymentsmay be made in anyconvertiblecurrency.
Examplesofconvertible currency
convertible currency
Musicians regularly pay bribes to perform in tourist areas, where they can earnconvertiblecurrency.
From
This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.It is a negotiable instrument which is denominated in some freelyconvertiblecurrency.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Tax havens usually have currency easily convertible or linked to an easilyconvertiblecurrency.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.This was necessary because of higher production costs and losses ofconvertiblecurrencyresulting from the drop in world oil price.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Musicians regularly pay bribes to able to perform on tourist areas, where they can earnconvertiblecurrency.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.These transfers can be made in freelyconvertiblecurrency, using the exchange rate prevailing on the market pursuant to the procedures established by the member state receiving the investment.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Are efforts being made and plans drawn up to gradually give the country a stable and less vulnerable currency, aconvertiblecurrency?
FromEuroparl Parallel Corpus - English
We have substantial gold andconvertiblecurrencyresources of about £1,000 million.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
I often make the point that the prime object of our economic policy must be to make sterling into aconvertiblecurrency.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
We must do all that we can to ensure the return of such conditions so that payment of compensation inconvertiblecurrencymay become possible.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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