nonconvertible love

Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License.

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

Etymologies

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Examples

  • 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.

    SEC Proposes Striking Ratings From Short Forms Jessica Holzer 2011

  • 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.

    For Some REITs, Payout Date Looms 2010

  • But China's nonconvertible currency makes it difficult for Beijing to offer foreigners unfettered access to its financial markets.

    In Shanghai, Banks Get a Haven and a Hub 2009

  • It attracted immense sums of foreign investment capital, and with its currency nonconvertible, it accumulated ever-larger reserves.

    Superfusion Zachary Karabell 2009

  • What's more, foreign companies are allowed to participate in construction projects only if they agree to accept payment in nonconvertible rupees -- an obvious dealbreaker.

    India's Faulty Exceptionalism 2009

  • Meantime, Ford Motor Credit, its wholly owned finance arm, will make a $1.3 billion cash tender offer to purchase Ford's unsecured, nonconvertible debt securities, of which about $8.9 billion aggregate principal amount is outstanding.

    Ford Hopes to Cut Debt $10.4 Billion to Trim Costs By Jeff Bennett and Matthew Dolan 2009

  • It attracted immense sums of foreign investment capital, and with its currency nonconvertible, it accumulated ever-larger reserves.

    Superfusion Zachary Karabell 2009

  • China has significantly eased controls over the international exchange of its currency during the past 30 years, but the yuan remains mostly nonconvertible on global foreign-exchange markets.

    China to let companies 2009

  • It attracted immense sums of foreign investment capital, and with its currency nonconvertible, it accumulated ever-larger reserves.

    Superfusion Zachary Karabell 2009

  • Meanwhile, nearly $3.4 billion in notes have been tendered so far to a separate, $1.3 billion cash offer to purchase Ford's unsecured, nonconvertible debt securities, Ford said.

    Ford Doubles Debt Buyback to $1 Billion 2009

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