Convertibility
The degree of freedom to exchange a currency without government restrictions or controls.
Similar financial terms
No similar financial terms found in the dictionary.
convertibility
in foreign exchange, ability to exchange money for other currencies or for gold without government restriction. Also said of a currency that foreign residents will accept as payment for goods or services.
Currency Convertibility
Currency Convertibility definition :
Refers to how easily a currency can be exchanged for gold or another currency.
3438 Loan Dictionary - I group - Income Theories, Income-sensitive Repayment Plan, Income-splitting, Income/expense Ratio, Incompetence, Incompetent, Incontestability Clause, Inconvertibility, Incorporated, Incorporated Joint Venture ...
Convertibility - The ability of a currency to be exchanged for another.
Convexity - The rate of change in a position price for a given change in yield.
Convertibility. The ability of a nation's currency to be exchanged for other currencies without governmental restriction in settlement of current account transactions.
CONVERTIBILITY
A characteristic of a currency when it may be legally exchanged by its holder for other currencies through banks in the issuing country. See also Currency; International Monetary Fund.
CONVERSION PRODUCT ...
Convertibility
The attribute of being exchangeable, such as a currency freely able to be exchanged for another, or as preferred stock or bonds to be exchanged for common stock.
Core Inflation ...
Convertibility:
The freedom to exchange one currency into another without government restrictions or controls.
Français: Convertibilité
Español: Convertibilidad ...
Convertibility
There are two types of debentures:
Convertible debentures, which are convertible bonds or bonds that can be converted into equity shares of the issuing company after a predetermined period of time.
Inconvertibility: An investor's inability to exchange a local currency (i.e., profits, royalties, fees, and capital invested) into a foreign currency. Indemnity: A legal obligation to cover a liability.
Convertibility
Convertible adjustable preferred stock (Caps)
Convertible arbitrage ...
Limited Convertibility
A situation in which government regulations prevent the free conversion of the home currency into a foreign one.
Due to Inconvertibility or Transfer Risk, a currency cannot be moved out of the country.
Bond: ...
Inconvertibility The inability of a local currency to be exchanged for another currency. Often includes transfer risk.
Contrast with government mortgage.
Convertibility Clause
A provision in some adjustable-rate mortgages (ARMs) that allows the borrower to change the ARM to a fixed-rate mortgage at specified point in time after loan origination.
Equity-linked Eurobonds A Eurobond including a convertibility option or warrant.
" greenbacks " by the inhabitants of California during the inconvertibility of that currency. Recognition of the desires and tastes of the community is almost essential in carrying out any monetary reform.
Widespread inflation after the United States abandoned gold convertibility forced the IMF to agree (1976) on a system of floating rates, ...
But capital account convertibility remained, fortunately, in the realm of rhetoric. The Mexican crisis in late 1994 was, ironically enough, a blessing in disguise for India. It was not just an early warning signal.
The commitment to maintain gold convertibility tightly restrains credit creation, because doing so would be to commit fraud.
Suspension of convertibility in England (1797-1821, 1914-1925) and the United States (1862-1879) did occur in wartime emergencies. But, as promised, convertibility at the original parity was resumed after the emergency passed.
Definition of Currency Convertibility
A currency is convertible if people can change a currency to a foreign currency, without having to ask permission.
Convertibility
Convertible
Convertible 100
Convertible adjustable preferred stock
Convertible Adjustable Preferred Stock - CAPS
Convertible Arbitrage
Convertible Bond
Convertible Debenture
Convertible eurobond
Convertible exchangeable preferred stock ...
Tarapore Committee A committee on Capital Account CONVERTIBILITY (CAC), which was headed by S. S. Tarapore of the Reserve Bank of India.
Gold Standard: A monetary system based on convertibility into gold, e.eg a nation issues paper currency and fully backs it in gold.
A monetary system based on convertibility into gold, e.g. a nation issues paper currency and fully backs it in gold. The two "moneys"' are gold and paper, are then freely interchangeable in terms of each other.
Goodwill: ...
Possible delay in convertibility. More frequently, the right to convert may be terminable prior to a redemption date, preventing the holder from receiving a final coupon or dividend. This latter is known as the screw you clause. See accrued interest ...
Applies mainly to convertible securities. Possible delay in convertibility. More frequently, the right to convert may be terminable prior to a redemption date, preventing the holder from receiving a final coupon or dividend. See: Accrued interest.
An exchange rate system that means a country has pegged its currency to another, with the board guaranteeing convertibility at a fixed rate ...(Read more)
Currency Conversion ...
liquidity Used in various senses, all relating to availability of, access to, or convertibility into cash.
settlement In finance, performance on a contractual obligation.
transaction costs Direct costs associated with transacting trades.
A bond (long term note) that can be exchanged by the holder for a specified number of shares of stock in the company. The convertibility feature usually allows for the bond to have a lower interest rate when it is issued.
A Eurobond including a convertibility option or warrant.
Equity-linked policies
Related: Variable life
Equity market ...
In export financing the risk of loss due to such causes as currency, inconvertibility, government action preventing entry of goods, expropriation or confiscation, war, etc.
PRIVILEGED FOREIGN (PF) ...
Political Risk.
In export financing the risk of loss due to such causes as currency inconvertibility, government action preventing entry of goods, expropriation or confiscation, war, etc.
Removal of controls on the international flows on a country's capital account, enabling full currency convertibility and opening of the financial system.
More glossary definitions...
Articles: 2924 ...
Definition: A currency of an industrialised country that has general convertibility.
Related glossary term:
Exchange rate ...
floating rates,
being redeemable at any other date, whether at the option of the holder or the issuer,
convertibility,
embedded options such as those in structured notes.
Examples of sweeteners include rights, warrants or convertible, extendible or retractable features. A bond may have the sweetener of convertibility into common stock, for instance.
Sponsors Center
Sponsored Links ...
Equity-linked Eurobonds - A Eurobond with a convertibility option or warrant attached.
Kicker
A provision for equity participation which is often added to a new debt issue to make it more attractive in the market. Rights, warrants, and convertibility are common examples. Also called sweeteners.
Brentton Woods system - An adjustable peg system whereby currencies were pegged to the US dollar. The USA maintained convertibility of the dollar into gold at the rate of $35 to an ounce.
But trade did not cause the crisis, and protectionism will not cure it. The East Asians were smart enough to know that premature capital account convertibility (i.e. freeing of capital flows which is the 'financial sector
By Jagdish Bhagwati ...
Terms
Definition: Conditions of an agreement. Details, specifications, and conditions of a loan. Terms of may include interest rate, prepayment penalties, due date, transferability and convertibility features, if any.Definition: ...
Non-convertible depositary receipts for shares. These cannot be exchanged into ordinary shares.
Depositary receipts with limited convertibility. These can only be exchanged into ordinary shares on certain conditions.
Premium refers to the difference between the convertible bond's market value and the value at which it is convertible into common stock. The "Kicker" (convertibility to stock) is designed as an inflation hedge.
Convertibility relates to the possibility to convert the financial assets into another type of asset. This is the case of convertible bonds and preferred stocks. Currency refers to the currency in which the asset’s cash flow is denominated.
straight value This is the approximate open market price for a security lacking convertibility.... stranded asset An asset whose market value is less than its book value because it has become...
 See also: Banks, Expense, Compensation, Interest rate swap, Funding
  
|
RSS
