exchangeability

[ɪksˌtʃeɪndʒəˈbɪləti]

exchangeability Definition

the quality of being able to be exchanged or replaced with something else of equal value.

Using exchangeability: Examples

Take a moment to familiarize yourself with how "exchangeability" can be used in various situations through the following examples!

  • Example

    The exchangeability of the two currencies made it easy for businesses to trade between the two countries.

  • Example

    The exchangeability of the parts made it easy to repair the machine.

  • Example

    The exchangeability of the gift cards allowed customers to use them at any store location.

exchangeability Synonyms and Antonyms

📌

Summary: exchangeability in Brief

'Exchangeability' [ɪksˌtʃeɪndʒəˈbɪləti] refers to the quality of being able to be exchanged or replaced with something else of equal value. This term is often used in business and manufacturing contexts, such as when discussing the exchangeability of currencies or machine parts. For example, 'The exchangeability of the parts made it easy to repair the machine.'