EXCHANGEABLE

convertible, exchangeable

(adjective) capable of being exchanged for or replaced by something of equal value; ā€œconvertible securitiesā€

exchangeable

(adjective) suitable to be exchanged

exchangeable, interchangeable, similar, standardized, standardised

(adjective) capable of replacing or changing places with something else; permitting mutual substitution without loss of function or suitability; ā€œinterchangeable electric outletsā€; ā€œinterchangeable partsā€

Source: WordNet® 3.1


Etymology

Adjective

exchangeable (not comparable)

Able to be exchanged.

(finance) Having an associated right to be exchanged for another form of financial security.

Noun

exchangeable (plural exchangeables)

(finance) Any financial instrument with an associated right to be exchanged for another form of financial security.

Source: Wiktionary


Ex*change"a*ble, a. Etym: [Cf.F. Ć©changeable.]

1. Capable of being exchanged; fit or proper to be exchanged. The officers captured with Burgoyne were exchangeable within the powers of General Howe. Marshall.

2. Available for making exchanges; ratable. "An exchangeable value." J. S. Mill.

Source: Webster’s Unabridged Dictionary 1913 Edition



RESET




Word of the Day

5 November 2024

TEMPORIZE

(verb) draw out a discussion or process in order to gain time; ā€œThe speaker temporized in order to delay the voteā€


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Coffee Trivia

The first coffee-house in Mecca dates back to the 1510s. The beverage was in Turkey by the 1530s. It appeared in Europe circa 1515-1519 and was introduced to England by 1650. By 1675 the country had more than 3,000 coffee houses, and coffee had replaced beer as a breakfast drink.

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