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What does inconvertibility mean?

Looking for the meaning or definition of the word inconvertibility? Here's what it means.

Noun
  1. The condition of being inconvertible
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Examples
Currency inconvertibility, exchange restrictions or war can delay or altogether prevent the recovery of monies due.
The cover required to deal with exchange rate and inconvertibility risk are very different in nature.
Naturally, as a faithful devotee of the Quantity Theory, he helped create, he was also opposed to the inconvertibility of paper currency and the bimetallist movement.
But venture capitalists are unwilling to invest in unlisted companies since they cannot retrieve their profits due to the inconvertibility of the yuan.

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