convertible paper money – Ideal Dictionary

Convertible paper money, অর্থাৎ রূপান্তরযোগ্য কাগজের টাকা, পরিবর্তনশীল কাগজের টাকা, পরিবর্তনযোগ্য কাগজের মুদ্রা, একটি ধরনের মুদ্রা যা সরাসরি স্বর্ণ বা অন্য কোন মূল্যবান সম্পদে রূপান্তরিত করা যায়।

Part of Speech & Pronunciation

Part of Speech: Noun (noun)

Definition

Convertible paper money refers to currency that can be exchanged for a specific amount of a commodity, typically gold or silver. This type of money is backed by a physical asset, ensuring its value and providing a guarantee for holders that they can convert it into a tangible asset.

Synonyms

Currency [currency meaning in bengali](https://idealdictionary.com/bengali/currency-meaning)
Cash [cash meaning in bengali](https://idealdictionary.com/bengali/cash-meaning)
Legal tender [legal-tender meaning in bengali](https://idealdictionary.com/bengali/legal-tender-meaning)

Antonyms

Barter (বিনিময়)
Commodity (পণ্য)
Debt (ঋণ)

Origin

The concept of convertible paper money emerged in the 17th century when banks began issuing notes that could be exchanged for precious metals. This practice was designed to facilitate trade and commerce while maintaining the stability of currency value.

Nearby Words

Fiat (noun)
Note (noun)
Token (noun)

Convertible Paper Money in Literature

“Money is a terrible master but an excellent servant.” – P.T. Barnum (টাকা একটি ভয়ঙ্কর মাস্টার কিন্তু একটি চমৎকার কর্মচারী।)

Meaning in Different Languages

Bengali: রূপান্তরযোগ্য কাগজের টাকা

Hindi: परिवर्तनीय कागज़ का पैसा

Nepali: रूपान्तरणीय कागजको पैसा

Urdu: قابل تبدیل کاغذی پیسہ

Tamil: மாற்றத்தக்க காகித பணம்

Telugu: మార్పిడి కాగితపు డబ్బు

Arabic: النقود الورقية القابلة للتحويل

Chinese: 可兑换纸币

Japanese: 変換可能な紙幣

Russian: конвертируемые бумажные деньги

To see more- convertible paper money meaning in bengali, dictionary.com, Wikipedia.com, thefreedictionary.com.