converted into currency
1Currency Convertibility — The ease with which a country s currency can be converted into gold or another currency. Convertibility is extremely important for international commerce. When a currency in inconvertible, it poses a risk and barrier to trade with foreigners who… …
2currency exchange risk — Uncertainty about the rate at which revenues or costs denominated in one currency can be converted into another currency. Bloomberg Financial Dictionary …
3Currency of Venezuela — This article provides a historical summary of the currency used in Venezuela since the end of the 18th century. For the present currency of Venezuela, see Venezuelan bolívar. Contents 1 Pre independence currency 1.1 Coin 1.1.1 1787 lightweight… …
4Dual currency deposit — In finance, a dual currency deposit (DCD) is a derivative instrument which combines a money market deposit with a currency option to provide a higher yield than that available for a standard deposit. There is a higher risk than with the latter… …
5Chinese currency — Han Dynasty cash coin The Renminbi (Chinese: 人民币) is the official currency of the People s Republic of China (PRC). It is the legal tender in mainland China, but not in Hong Kong and Macau. It is abb …
6Fiat currency — The terms fiat currency and fiat money relate to types of currency or money whose usefulness results, not from any intrinsic value or guarantee that it can be converted into gold or another currency, but instead from a government s order (fiat)… …
7Local currency — See Emissions Reduction Currency System for community based initiatives aimed at emission reduction Numismatics Terminology …
8World Currency Unit — The World Currency Unit (WCU) is an indexed unit of account (unit of account) that stands for a unit of real global purchasing power. Proposed by Lok Sang Ho of Lingnan University, Hong Kong, it was first intended to be the basis for denominating …
9Permitted Currency — A currency that is free from legal and regulatory restrictions to be converted into another currency. A permitted currency is often a minor currency, and has a fairly active market for exchanges with major currencies. Transactions between a major …
10soft currency — noun One unstable in value in the international money market through fluctuation in its gold backing • • • Main Entry: ↑soft * * * soft currency, a currency backed by government credit, but not entirely by gold or silver. Soft currency cannot be… …
