Outrageously Funny Word Dictionary :: Nonconvertibleness

👉 "Nonconvertibility" is a technical term in accounting and finance that refers to the inability of an entity to convert one asset into another, or to change its value. This can happen due to various reasons such as physical damage, market conditions, or other factors beyond their control. Nonconvertibility can affect a company's financial performance by increasing expenses and reducing cash flow.

nonconvertibleness