Webster's Online Dictionary
with Multilingual Thesaurus Translation

 
Earth's largest dictionary with more than 1226 modern languages and Eve!

Specialty Expressions: INCONVERTIBLE MONEY

ExpressionsDomainDefinition
Inconvertible moneyFinance1: 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