exchangeable

exchangeable

English

Etymology

    From exchange + -able.

    Pronunciation

    • Audio (Southern England):(file)

    Adjective

    exchangeable (not comparable)

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

    Derived terms

    Translations

    Noun

    exchangeable (plural exchangeables)

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