Noun: convertibility kun,vur-tu'bi-lu-tee
- The quality of being exchangeable (especially the ability to convert a currency into gold or other currencies without restriction)
"The convertibility of the dollar was a key feature of the Bretton Woods system"
Derived forms: convertibilities
See also: convertible, exchangeable, inconvertible, unconvertible, unexchangeable
Type of: exchangeability, fungibility, interchangeability, interchangeableness
Antonym: inconvertibility
Encyclopedia: Convertibility