IPA: /kənˈvɜːtəˌbɪlɪti/
KK: /kənˈvɜrtəˌbɪlɪti/
The ability of something, especially money, to be exchanged for another form, like another currency or gold.
The convertibility of the currency allows investors to easily exchange it for foreign money.
Convertibility → It is formed from "con-" (meaning together) and "vertere" (meaning to turn). The word refers to the quality of being able to turn into something else or change form.
Think of 'turning together' — 'con-' means together, and 'vertere' means to turn. This helps you remember that convertibility refers to the ability to change or turn into something else.