exchangeable
1
7.0
- adjective
- /ɪkˈsʧeɪndʒəbl/
- Specialized
:
convertible
- Investors appreciate stocks that are easily exchangeable for cash or other assets.
Meanwhile, Credit Suisse built a wire card exchangeable bond that mirrored the SoftBank convertible.
- Meanwhile, Credit Suisse built a wire card exchangeable bond that mirrored the SoftBank convertible.
Examples
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Government bonds are exchangeable under certain conditions for other securities.
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Tertiary symbols ("derivatives") are exchangeable for secondary symbols.
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Secondary symbols such as mortgages, bank accounts, etc. are exchangeable for primary symbols.
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The tertiary economy consists of symbols purported to be ultimately exchangeable for items in the primary and secondary economies.
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Meanwhile, Credit Suisse built a wire card exchangeable bond that mirrored the SoftBank convertible.
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And there are higher-order symbols ("derivatives of derivatives") each exchangeable for symbols in the next lowest order.
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In the current market, many foreign currencies are exchangeable for US dollars.
Synonyms
24
4.8
A person or thing you can use instead of another that still works the same
11
4.8
Able to change into a different form or use
5
9.2
Can be exchanged for another item of the same type, like a gold bar
3
3.7
Can be bought or sold
1
4.6
You can exchange it for money or goods
1
3.9
Can be exchanged for another of the same kind
Can be changed for a similar part or version
Surface Forms
Morphology
Etymology
Exchangeable in finance is built from exchange ('to trade') and -able ('can be'). So, an exchangeable bond or note is 'able to be traded' or changed for a particular thing, like a company's 'shares', under set rules.