- (of paper money) not capable of being converted into specie.
- not interchangeable.
Origin of inconvertible
Examples from the Web for inconvertible
Historical Examples of inconvertible
This is especially likely to be true of an inconvertible money.The Value of Money
Benjamin M. Anderson, Jr.
An inconvertible paper money is only another name for unfulfilled promises.
No matter how good the cause, how patriotic the People, an inconvertible paper money is sure to run down at the heel.
Inconvertible, they must go to a discount with gold or with the money of outside countries using gold.
This was just an inconvertible paper currency; and its issue immediately after the battle of Cannæ saved the Roman empire.
- incapable of being converted or changed
- (of paper currency)
- not redeemable for gold or silver specie
- not exchangeable for another currency