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exchangeability

exchangeability

1 7.5
Can be replaced by something with the same value or use
  • noun
  • /ɪkˌsʧeɪndʒəˈbɪlɪti/
translation icon : intercambiabilidad
  • The exchangeability of the tickets meant that they could be used at any participating venue without additional fees.

Examples

  • The exchangeability of the coupons allowed customers to switch them for different products without losing value.

  • 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

convertibility
vsexchangeability
  • Specialized
2 6.7

Ability to change a thing you own, for example a currency, into another form

is about general swapping across items not only form changes
fungibility
vsexchangeability
  • Specialized
1 9.6

A quality that lets you exchange one item for another of the same kind, especially money or goods

applies to swapping in any context not only goods or assets
interchangeability
vsexchangeability
1 7.4

The ability of one thing to be replaced by another without losing use or value

is a general ability to be swapped not only without loss
substitutability
vsexchangeability
9.4

The ability to use one thing instead of another without much change in function

is about being swappable more broadly than just avoiding loss
interchangeableness
vsexchangeability
8.4

The fact that one thing can be used in place of another

is the general capacity to change places rather than detail
commutability
vsexchangeability
9.4

A quality that lets one thing be replaced by another

is the broad ability to be switched not limited to situations
replaceability
vsexchangeability
6.7

How easy it is to swap one thing for another

focuses on equal function or value rather than mere removal
redeemability
vsexchangeability
  • Specialized
7.7

Ability to change something into cash or use it to pay

is the wider ability to be swapped beyond financial repayment

How Exchangeable

fungibility
  • Specialized
1 9.6
exchangeability
1 7.5

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.