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Definition of "nonconvertible" [nonconvertible]

  • Not convertible; that cannot be exchanged for an equivalent (adjective)

Wiktionary.org : Text is available under the Creative Commons Attribution-ShareAlike License

Use "nonconvertible" in a sentence
  • "Wednesday's proposal would strike the credit-ratings criteria and replace it with a new standard requiring a company to have issued more than $1 billion of nonconvertible debt securities in primary offerings within the past three years."
  • "At the time of convertible issuance, many REITs benefited from relatively low interest rates that were between 1.5 percentage points and 2.0 points below what companies would be able to issue for nonconvertible secured debt, said Mr. Marks, the analyst at Fitch."
  • "It attracted immense sums of foreign investment capital, and with its currency nonconvertible, it accumulated ever-larger reserves."
Words like "nonconvertible"
by-default
carddebt
credit-sensitive
defined-benefit
hard-to-find
speculative-grade
state-backed
relieflower
baa-rated
bbb-rated
zerocoupon
convertible