exchangeable

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English

Etymology

exchange +‎ -able

Adjective

exchangeable (not comparable)

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

Translations

Noun

exchangeable (plural exchangeables)

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