Inconvertible Money

Business, Legal & Accounting Glossary

Definition: Inconvertible Money


Inconvertible Money


Full Definition of Inconvertible Money


Paper or coin currency issued by a government that is not convertible into standard money metal such as gold or silver. The currencies of most countries have been declared as inconvertible in order that they can be regulated by the government.


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April 20, 2024 https://payrollheaven.com/define/inconvertible-money/.
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Inconvertible Money. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/inconvertible-money/ (accessed: April 20, 2024).
American Psychological Association (APA):
Inconvertible Money. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/inconvertible-money/

Definition Sources


Definitions for Inconvertible Money are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.