Paper or coin currency issued by a government that is not convertible into standard money metal such as gold or silver. The currencies of most countries have been declared as inconvertible in order that they can be regulated by the government.
Related information about inconvertible money:
- What is inconvertible money? definition and meaning
Definition of inconvertible money: Paper or coin currency issued by a government that is not convertible into standard money metal such as gold or silver.
- Money - Simple English Wikipedia, the free encyclopedia
Inconvertible money is money that cannot be converted into gold and silver. Notes and coins are inconvertible money. They are inconvertible and are declared ...
- Inconvertible Money: Definition from Answers.com
Money that cannot be converted to precious metal or other commodities generally accepted as backing up money.
- Inconvertible Paper Money - Financial Dictionary - The Free Dictionary
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- Inconvertible Money - Financial Dictionary - The Free Dictionary
A currency that may not be converted into another currency on the foreign exchange market, or that may be converted only in limited amounts. Some countries ...
- inconvertible - The Free Dictionary
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- Inconvertible Currencies - Financial Dictionary - The Free Dictionary
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- What Is the Meaning of Convertible Money, Inconvertible Money ...
What Is the Meaning of Convertible Money, Inconvertible Money, and Representative Money?. Currency that you can quickly convert into another type of ...