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Convertible currency

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Convertible Currency
Convertible Currency definition :
This refers to any currency which does not need authorization from a central bank in order to be freely traded against other currencies in the Forex market.
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Convertible Currency.
A currency that can be bought and sold for other currencies at will.

Convertible Currency - Currency which can be quickly and easily converted into other countries currencies.
Conveyancer - A specialist lawyer who is an expert in conveyancing, i.e., legal work carried out connected to the selling and buying of property.

Convertible Currency: A currency that can be exchanged freely for any other currency without government restrictions.

Convertible currency - Any national currency that can be easily exchanged for that of another country.
Cook the books - To falsify is misrepresent accounting information.

Semi-~:
A currency which may be bought or sold only through the Central Bank and at specific fixed exchange rate.
Franšais: Monnaie-semi convertible
Espa˝ol: Divisa parcialmente convertible ...

A freely ~ that is not expected to depreciate in value in the foreseeable future.
Hard dollars
Used in the context of general equities. Actual, separate payments made by a customer for services including research, provided by a brokerage firm. Antithesis of soft dollars.

A freely ~ that is not expected to depreciate in value in the foreseeable future.
Historical cost ...

Hard currency A freely ~ that is not expected to depreciate in value in the foreseeable future. Hard dollars Actual separate payments made by a customer for services, including research, provided by a brokerage firm. Antithesis of soft dollars.

Hard currency A freely ~ that is not expected to depreciate in value in the foreseeable future. Harmless warrant Warrant that allows the user to purchase a bond only by surrendering an existing bond with similar terms.

There is little doubt that China has so far been spared the fate of fellow East Asian tigers in the crash of 1997-1998 largely because its totalitarian political regime resisted international pressure to make the yuan a ~, ...

Minimum bill size is normally US$ 250,000, although $500,000 is preferred.
The payment is normally receivable in any major ~.
A letter of credit or a guarantee is made by a bank, usually in the importer's country.
The contract can be for either goods or for services.

rate on the start date and the spot rate at settlement and may be settled with a different asset from those that related to the forward. Generally used as a forward when one of the two currencies is not freely convertible for net value and so which is cash-settled in the freely ~.

In Worgl, for example, people spontaneously started replanting forests just to dispose of their negative-interest currency in anticipation of future cash flow to be expected from the growing trees. --Bernard Lietaer "A 'Green' ~" ...

See also: See also: What is the meaning of Transaction, Index, Banks, Capital budget, Valuation?

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