inconvertibility

/ˌɪnkənˌvɜrtəˈbɪləti/
noun
  1. The state of not being able to be changed or exchanged for something else, especially referring to currency or financial assets.
    • The government announced the inconvertibility of the old banknotes after the reform.
    • Investors worried about the inconvertibility of their bonds into cash.
    • The inconvertibility of the country's currency made international trade difficult.
  2. The quality of not being able to be transformed or converted into a different form or state.
    • The inconvertibility of the data format prevented the files from being opened on the new system.
    • Scientists studied the inconvertibility of certain chemical compounds under extreme pressure.
    • The inconvertibility of the energy source meant it could not be used for electricity generation.