currency convertibility
A measure of the ease in which a currency can be converted into another, or redeemed for a reserve currency such as gold or the U.S. dollar. Countries whose currencies are deemed to have restrictive convertibility can face difficulties in global trade, or in its own ability to Control its money supply.
Browse by Subjects
currency board
See All Related Terms »

commission rep
comprehensive tax allocation
breach of contract
ratio
employee share ownership plan