| Webster's Online Dictionary |
| Expressions | Domain | Definition | |
| Inconvertible money | Finance | 1: That money which is not convertible into, or redeemable in gold or silver, but only in other money of the government. Source: European Union. (references) | |
| 2: Money which owes its acceptability to public trust; the intrinsic value of such money, e. g. bank notes, is usually nil, or very much lower than the normal value; coins or notes which are not worth much as a paper or metal, but are said by the government to have a value. Source: European Union. (references) | |||
Source: compiled by the editor from various references; see credits. | Top | ||