convertibility in A Sentence

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    In 1971, the Nixon administration terminated the Convertibility of U.S. dollars to gold, creating a fiat currency regime.

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    The government has clarified that it is not looking at full capital account Convertibility for the next few years.

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    3

    Will foreign-based traders be happy to work in a yuan-denominated contract, with the associated currency risk and Convertibility issues?

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    Since China wants to promote the Convertibility of RMB, administrative controls have been relaxed which makes fund management easier for companies.

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    Moreover, the Convertibility of RMB significantly simplifies fund management which means you don't have to pay thousands of dollars in compliance.

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    Free Float Rate: When the Bretton Woods system ended in 1971, the USA terminated Convertibility of the US dollar to gold.

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    The main feature of Bretton Woods was that the U.S. dollar replaced gold as the main standard of Convertibility for the world's currencies.

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    Free Float Rate: When the Bretton Woods system ended in 1971, the United States unilaterally terminated Convertibility of the US dollar to gold.

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    The following features are usually associated with preferred stock: Preference in dividends Preference in assets, in the event of liquidation Convertibility to common stock.

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    10

    One of the main features of Bretton Woods is that the U.S. dollar replaced gold as the main standard of Convertibility for the world's currencies;

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    11

    He then announced temporary wage and price controls, allowed the dollar to float against other currencies, and ended the Convertibility of the dollar into gold.[180] Bowles points out,

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    12

    There are many advantages and disadvantages associated with rupee Convertibility, which have led to a long continuous debate over the last two decades since reforms were first introduced during the early 1990s.

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    13

    Just like stocks which have free market, currencies too have free market so that they can be traded to determine equilibrium price, which earlier was not possible due to non Convertibility on current.

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    14

    Then-president Richard Nixon, who knew that the fixed rate of $35 per gold ounce was too low, eventually was forced to eventually take the U.S. off the gold standard, ending the dollar's automatic Convertibility into gold.

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    15

    The fact that the values obtained both by electrical and purely mechanical means were in agreement to at least one order of magnitude was, to Joule, compelling evidence of the reality of the Convertibility of work into heat.

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    16

    The fact that the values obtained both by electrical and purely mechanical means was at least in agreement to an order of magnitude that were, to Joule, compelling evidence of the reality of the Convertibility of work into heat.

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