exchangeable
Adjective
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Adjective
exchangeable (not comparable)
- Able to be exchanged.
- (finance) Having an associated right to be exchanged for another form of financial security.
exchangeable (plural exchangeables)
- (finance) Any financial instrument with an associated right to be exchanged for another form of financial security.
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.002