exchangeable🔊adjEtymology From exchange + -able.1Able to be exchanged.2Business, Finance Having an associated right to be exchanged for another form of financial security.Derived termscoexchangeable, exchangeably, nonexchangeable, unexchangeable
exchangeable🔊nounEtymology From exchange + -able.1Business, Finance Any financial instrument with an associated right to be exchanged for another form of financial security.