exchangeable Meaning, Definition & Usage

  1. adjective suitable to be exchanged
  2. adjective capable of being exchanged for or replaced by something of equal value
    convertible.
    • convertible securities
  3. adjective satellite capable of replacing or changing places with something else; permitting mutual substitution without loss of function or suitability
    standardised; interchangeable; similar; standardized.
    • interchangeable electric outlets" "interchangeable parts

WordNet

Ex*change"a*ble adjective
Etymology
Cf.F. échangeable.
Definitions
  1. Capable of being exchanged; fit or proper to be exchanged.
    The officers captured with Burgoyne were exchangeable within the powers of General Howe. Marshall.
  2. Available for making exchanges; ratable. "An exchangeable value." J. S. Mill.

Webster 1913