EXCHANGEABLE Meaning and
Definition
-
Exchangeable is an adjective that refers to something that is capable of being exchanged or replaced. It describes the quality or state of being interchangeable or substitutable with something else.
In the context of goods or commodities, exchangeable implies that an item can be traded or swapped for another item of equal value. The exchangeability of such goods is often determined by their mutual agreement or acceptance as a medium of exchange in a particular market or system. For instance, money is considered exchangeable because it can be readily interchanged for goods or services.
In a broader sense, exchangeable can also apply to ideas, information, or opinions. It suggests that these intellectual assets can be shared or traded among individuals or groups, allowing for the transfer or substitution of knowledge or perspectives.
The term exchangeable can also be applied to people, particularly in the realm of social relationships. It implies that individuals can be interchanged or substituted for one another in specific roles, positions, or situations. This concept is commonly observed in the labor market, where workers with similar skills and qualifications may be deemed exchangeable or replaceable for a particular job position.
In summary, exchangeable refers to the quality of being capable of exchange or substitution. It encompasses the ability of goods, services, ideas, information, and individuals to be traded, shared, or replaced with equivalent alternatives.
-
• Fit or proper to be exchanged; that may be exchanged.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
Top Common Misspellings for EXCHANGEABLE *
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
Other Common Misspellings for EXCHANGEABLE
Etymology of EXCHANGEABLE
The word "exchangeable" derives from the verb "exchange", which can be traced back to the Latin word "exchangere" composed of "ex" (out) and "cambiare" (to exchange). The Latin term "cambiare" evolved from the late Latin "cambiare", meaning "to barter" or "to exchange". Over time, the word passed into Old French as "eschangier" and subsequently into Middle English as "eschaungen" before eventually morphing into "exchange" in modern English. The addition of the suffix "-able" in the term "exchangeable" indicates the ability or possibility of exchange.
Similar spelling words for EXCHANGEABLE
Infographic
Add the infographic to your website:
