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Glite Dictionary
nonconvertible

nonconvertible

7.8
You cannot change or exchange it for something else
  • adjective
  • /ˌnɒn.kənˈvɜːr.tə.bəl/
translation icon : no convertible
  • Investors are wary of nonconvertible bonds, as they cannot be transformed into cash easily.
  • nonconvertible currency

Examples

  • The company issued a nonconvertible loan, which means it cannot be changed into equity.

  • The Chinese renminbi is nonconvertible, and there is no clear notion of what Beijing's military budget will buy.

    Academic text (1991)

  • Agreement was reached that on 1 July 1990, the Federal Republic would exchange, within certain limits, valuable, convertible West German marks for the less valuable, nonconvertible East German marks.

    Academic text (1991)

  • A nonconvertible asset cannot be exchanged for other types of investment.

Synonyms

unchangeable
vsnonconvertible
5 4.0

You cannot make it different

specifies inability to take another form or be given a different value
unexchangeable
vsnonconvertible
1 7.3

You cannot return or change it after you buy it

describes inherent inability to take another form or value
inalterable
vsnonconvertible
1 7.4

Not able to be changed later

includes items where swapping or giving another value is also impossible
inconvertible
vsnonconvertible
9.3

You cannot change it into another form

also covers inability to be swapped for another value or form
untransmutable
vsnonconvertible
  • Specialized
9.9

Cannot change into a different form or substance

includes inability to be swapped for another value as well
unconvertible
vsnonconvertible
  • Specialized
8.6

You cannot exchange it for another currency or asset

applies more widely beyond financial items and strict monetary swaps
incommutable
vsnonconvertible
9.9

Not able to be changed or replaced

is about inability to take other forms or different value
noninterchangeable
vsnonconvertible
8.6

You cannot swap them without changing the meaning or how they work

focuses on inherent inability to become other forms or assume different value

Antonyms

convertible
11 4.8

Able to change into a different form or use

How Convertible

convertible
11 4.8
exchangeable
1 4.0
irreversible
46 6.0
nonconvertible
7.8

Surface Forms

nonconvertible positive

Morphology

nonconvertible = convertible (transparent) = non + convert + ible

Clear negation prefix 'non-' attached to 'convertible' yields the straightforward meaning 'not able to be converted'.

Etymology

The word nonconvertible is made from non- meaning 'not' and convertible meaning 'able to be changed or exchanged'. Think of a car called a convertible that can change form — 'nonconvertible' is something that cannot be changed or exchanged.