Definition

The state or quality of being able to be exchanged or swapped for something else.

Example

The exchangeability of the tickets allowed fans to trade them easily.

Conversation

Have you heard about the concept of exchangeability in economics?

Yeah, it means that something can be exchanged for something else, right?

Exactly! It's interesting how it applies to currencies and goods.

For sure, understanding exchangeability helps us make better trading decisions.

Synonyms & Antonyms

Root Explanation

Exchangeability → It is formed from "ex-" (meaning out of or from), "change" (from Old French *changier*, meaning to change), and "-ability" (meaning the quality of being able to). The word "exchangeability" refers to the quality of being able to be exchanged or changed.

Memory Tip

Think of being able to 'change' something 'out of' its original form — that's why 'exchangeability' means the quality of being able to exchange.

Visually Confused Words