Untransactable

The adjective 'untransactable' describes something that cannot be bought, sold, traded, or otherwise exchanged in a transaction. It signifies the impossibility of completing a financial or commercial operation involving the subject. This lack of transactability can stem from various factors, including legal restrictions, technological limitations, ethical concerns, or the inherent nature of the item itself, like something intangible such as a deeply held belief or a public good whose value cannot be adequately measured through the exchange of currency. The term highlights a fundamental barrier preventing the exchange from happening. It emphasizes an absolute block to the process of transferring ownership or value.

Untransactable meaning with examples

• The rare, original artwork, currently locked away in a museum vault, was deemed 'untransactable' due to stringent preservation laws and the impossibility of guaranteeing its safety during transport for potential sale. Its value, though immense, could not be realized through a standard transaction.
• Due to the ongoing embargo and strict international regulations, the restricted military technology became completely 'untransactable'. No legal channels existed to facilitate its sale or purchase, rendering its potential commercial worth irrelevant within these legal parameters.
• Certain deeply rooted cultural heritage sites and items, revered for their historical and spiritual significance, were considered 'untransactable'. Their intangible value and the ethical implications of their commercialization prevent their trade or sale, safeguarding their sanctity.
• The complex, bespoke financial derivative, built upon a foundation of volatile and unstable assets, was, due to its inherent risk and lack of market liquidity, determined to be 'untransactable'. No investor was willing to take on the risk of trading such an uncertain instrument.