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Use convertibility in a sentence - Example Sentences for convertibility

Now, Argentina does, by law (the so-called "convertibility law"), have an undeniably strong currency.

Argentina came very close to financial collapse in 1995 when it turned out that the convertibility law left no leeway to rush cash to troubled banks.

The doctrines of the convertibility or specific equivalence of the various forms of force, and of its conservation, which is its logical consequence, are very generally accepted, as I believe, at the present time, among physicists.

There is not, indeed, the self-acting check which convertibility brings with it.

Everybody can understand convertibility; every one sees that what can be at any moment exchanged for five [dollars] is worth five [dollars].

The grounds of the rule not being so well understood by the public, opinion would probably not enforce it with as much rigidity, and, in any circumstances of difficulty, would be likely to turn against it; while to the Government itself a suspension of convertibility would appear a much stronger and more extreme measure than a relaxation of what might possibly be considered a somewhat artificial rule.

How far, then, does the principle of the convertibility, as it were, of practice and unconsciousness extend?

It means that woman at her best never outgrows adolescence as man does, but lingers in, magnifies and glorifies this culminating stage of life with its all-sided interests, its convertibility of emotions, its enthusiasm, and zest for all that is good, beautiful, true, and heroic.

Yet, it may fairly be regarded as a mere abstract principle, until the late Mr. Bramah, by substituting a pump instead of the smaller column, converted it into a most valuable and powerful engine.-The principle of the convertibility of the centres of oscillation and suspension in the pendulum, discovered by Huygens more than a century and a half ago, remained, until within these few years, a sterile, though most elegant proposition; when, after being hinted at by Prony, and distinctly pointed out by Bonenberger, it was employed by Captain Kater as the foundation of a most convenient practical method of determining the length of the pendulum.-The interval which separated the discovery, by Dr.

There is not, indeed, the self-acting check which convertibility brings with it.

Everybody can understand convertibility; every one sees that what can be at any moment exchanged for five [dollars] is worth five [dollars].

The grounds of the rule not being so well understood by the public, opinion would probably not enforce it with as much rigidity, and, in any circumstances of difficulty, would be likely to turn against it; while to the Government itself a suspension of convertibility would appear a much stronger and more extreme measure than a relaxation of what might possibly be considered a somewhat artificial rule.

The substitution, therefore, of paper for the precious metals should always be carried as far as is consistent with safety, no greater amount of metallic currency being retained than is necessary to maintain, both in fact and in public belief, the convertibility of the paper.

INTELLECTUAL DIFFERENCES It is needless for me to speak here about the differences in intellectual power between different men and different races, or about the convertibility of genius as shown by different members of the same gifted family achieving eminence in varied ways, as I have already written at length on these subjects in Hereditary Genius and in Antecedents of English Men of Science.

And here I should pass my limits, and enter on the theory of Peel's Act if I began to discuss the conditions of convertibility.

You therefore considered that, if the time should arrive, the Government would interfere with some measure as they had previously done to enable the Bank to meet the demands upon it?-We should always have thought that if the Bank of England had stopped payment, all the machinery of Government would have stopped with it, and we never could have believed that so formidable a calamity would have arisen if the Government could have prevented it. 1160. [Chairman.] The notion of the convertibility of the note being in danger never crossed your mind?-Never for a moment; nothing of the kind. 1161. [Mr. Weguelin.] I refer not to the convertibility of the note, but to the state of the Banking Department of the Bank of England?-If we had thought that there was any doubt whatever about it, we should have taken our bank-notes and put them in our own strong chest.

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The word convertibility


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