currency convertibility definition

Small Business Owners –
Click here for all the Resources you need!

BusinessDictionary.com

currency convertibility

Definition

Right of the holder of a currency to exchange it for another currency at the current exchange rates. Currency convertibility is an essential element of free trade.

Popular 'Banking, Commerce & Finance' Terms

currency convertibility in the news

This content can be found on the following page:

http://www.businessdictionary.com/definition/currency-convertibility.html

Tools

email
print
cite
link
translate
share

currency convertibility is...

... in the Banking, Commerce & Finance and Currency Trading subjects.

Nearby Terms

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Reproduction of all or part of this dictionary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback@businessdictionary.com