TERMIUM Plus®

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GOLD CONVERTIBILITY [1 record]

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Filter results by subject field

Alphabetical list of terms

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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