convertibility

Freely tradeable quality

Convertibility is the quality of being convertible—able to be changed into something else.

The term appears most often in finance, where a currency's convertibility means it can be freely exchanged for other currencies or gold: The peso lost its convertibility during the crisis.

Convertible bonds have convertibility into stock shares.

exchangeability

fungible

Replaceable by equivalent items

interchange · commutable · equivalent · reciprocal · transposable · interconvertible · replaceable · translatable · reversible · corresponding

currency

forex

Currency trading market

  • currenciesOfficial mediums of exchange
  • fiatAuthoritative official decree
  • dollarBasic U.S. currency unit

euro · yen · pound · pegged · floating · devaluation · appreciation · reserves · repatriation · remittance

finance

bonds

Ties that unite

derivatives · options · futures · equities · commodities · hedging · arbitrage · leverage · trading · investment

material

fabric

Woven or knit material

stretchability · washability · wearability · drape · permeability · tensile · durability · resilience · elasticity · transformable

adaptability

transformation

Thorough change in form

reconfigurability · customization · retrofitting · remodeling · repurposing · multipurpose · modular · configurable · upgradeable · switchable

Categories
Opposites
transformability

convertibilityfixedness

State of being stationary

immutability · unchangeability · rigidity · permanence · inflexibility

Family

convert, conversion, converted, convertible, converts, converting, converter, reconverted, reconverting

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Abstract · Rated G