exchangeability
- noun
- /ɪkˌsʧeɪndʒəˈbɪlɪti/
- The exchangeability of the tickets meant that they could be used at any participating venue without additional fees.
Examples
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The exchangeability of the coupons allowed customers to switch them for different products without losing value.
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The entire practice of war is predicated on the abstract concept of "exchangeability of human beings," including those in one's own military forces.
Academic text (1998) -
It really helps to have a grasp on what the math looks like when we assume exchangeability.
Blog text (1) -
Whether things will be commodities or gifts depends on the broad cultural criteria that define exchangeability and the specific social contexts in which things are placed.
Academic text (1996) -
Publicly available computational models through databases such as BioModels 10 and BiGG Models 11 present an additional driving force for the exchangeability of knowledge and computational tools.
Academic text (2017) -
Given its (initial) mode of inexpensive, mass-market distribution and its anonymous, non-art look, the book wore on its sleeve both its own reproducibility and the exchangeability of the images it contained.
Academic text (2005) -
The advantages are quite apparent, i.e., low financial expenditure, flexibility, immediacy, integration, collaboration, exchangeability, compatibility with educational contextual dynamics, didactic innovation, and creativity.
Academic text (2015) -
In finance, the exchangeability of assets ensures that they can be easily traded for cash or other assets.
Synonyms
Ability to change a thing you own, for example a currency, into another form
A quality that lets you exchange one item for another of the same kind, especially money or goods
The ability of one thing to be replaced by another without losing use or value
The ability to use one thing instead of another without much change in function
The fact that one thing can be used in place of another
A quality that lets one thing be replaced by another
How easy it is to swap one thing for another
Ability to change something into cash or use it to pay
How Exchangeable
Surface Forms
Morphology
exchangeability = exchangeable (transparent) = exchange + able + ity
Formed by regular noun derivation from the adjective 'exchangeable' (exchange + -able), so the meaning 'the quality of being exchangeable' is directly derived.
Etymology
Exchangeability comes from exchange ('to swap or trade') and ability ('can be done'), so it names the quality of being 'able to be swapped' or replaced by something equal.