Coffee is the second largest traded commodity in the world, next to crude oil. It’s also one of the oldest commodities, with over 2.25 billion cups of coffee consumed worldwide daily.
convertible, exchangeable
(adjective) capable of being exchanged for or replaced by something of equal value; “convertible securities”
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; “interchangeable electric outlets”; “interchangeable parts”
Source: WordNet® 3.1
exchangeable (not comparable)
Able to be exchanged.
(finance) Having an associated right to be exchanged for another form of financial security.
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. Ă©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
1 October 2024
(noun) a high-crowned black cap (usually made of felt or sheepskin) worn by men in Turkey and Iran and the Caucasus
Coffee is the second largest traded commodity in the world, next to crude oil. It’s also one of the oldest commodities, with over 2.25 billion cups of coffee consumed worldwide daily.