convertibility

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Richard Nixon in 1971 abandoned Bretton Woods by suspending the dollar’s convertibility to gold.

From The Wall Street Journal • May 8, 2026

On the Sunday evening of Aug. 15, 1971, President Richard Nixon announced a wage-and-price freeze, an import surcharge, and the end of the dollar’s last link to convertibility into gold at $35 an ounce.

From Barron's • Dec. 5, 2025

Some stablecoin issuers partner with asset managers to offer instant convertibility between stablecoins and yield-bearing tokenized assets such as tokenized U.S.

From MarketWatch • Nov. 6, 2025

The problem for stablecoin issuers is that to make their promise of convertibility rock-solid, they would need to hold $1 in cash in reserve for every dollar stablecoin they put into circulation.

From New York Times • Dec. 10, 2021

As soon as a shell, or a hide, or a bit of metal was recognized as having universal convertibility, all the delays and discounts of barter were at an end.

From Little Masterpieces of Science: Invention and Discovery by Iles, George