Betekenis van:
convertibility
convertibility
Zelfstandig naamwoord
- the quality of being exchangeable (especially the ability to convert a currency into gold or other currencies without restriction)
Hyperoniemen
Voorbeeldzinnen
- convertibility refers to the possibility and the cost of converting financial instruments into currency or transferable deposits; the loss of fiscal advantages in the case of such conversion may be considered a penalty that reduces the degree of liquidity,
- The classification is based on the criteria of substitutability of deposits (i.e. whether liabilities are classified as deposits) which is determined by their liquidity, combining characteristics of transferability, convertibility, certainty and marketability, and having regard, where appropriate, to their term of issue.