freely convertible

常見例句

Such compensation shall correspond to the real value of the property concerned at the time and shall be freely convertible and paid without undue delay.
征用財(cái)産的補(bǔ)償應(yīng)相儅於該財(cái)産儅時(shí)的實(shí)際價(jià)值，可自由兌換，不得無故遲延支付。

As for freely convertible, that was kind of a hash too, and before 1929.
FORBES: The Claims Against Gold Still Aren't Sticking
Yesterday, Zhou Xiaochuan was quoted by Caixin as saying that the renminbi will be freely convertible soon.
FORBES: China Says Yuan Will Be Fully Convertible Soon
Then, the convention was that currencies were freely convertible not to gold—but to other currencies that were themselves theoretically convertible to gold (read: the dollar and sometimes the pound).
FORBES: The Claims Against Gold Still Aren't Sticking