TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

CONVERTIBLE ACCOUNT [1 record]

Record 1 1988-06-07

English

Subject field(s)
  • Banking
OBS

Convertibility: the ability of owners of one currency to exchange it for other foreign currencies (or gold) in the open market. Some countries permit a portion of their currencies to be convertible and will designate accounts that way. (From the Comptroller's Handbook of Mercantile Bank).

OBS

Information provided by the National Bank of Canada.

French

Domaine(s)
  • Banque
CONT

La part du pays d'origine est divisée en douze mensualités et une prime de fin d'année. Elle est versée en monnaie locale sur un compte convertible.

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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