exchangeable

ex·change

E0263500 (ĭks-chānj′)v. ex·changed, ex·chang·ing, ex·chang·es v.tr.1. To give in return for something received; trade: exchange dollars for francs; exchanging labor for room and board.2. To give and receive reciprocally; interchange: exchange gifts; exchange ideas.3. To give up for a substitute: exchange a position in the private sector for a post in government.4. To turn in for replacement: exchange defective merchandise at a store.v.intr.1. To give something in return for something received; make an exchange.2. To be received in exchange: At that time the British pound exchanged for $2.80.n.1. The act or an instance of exchanging: a prisoner exchange; an exchange of greetings.2. One that is exchanged.3. A place or network for exchanging things, especially a center where securities or commodities are bought and sold.4. A telephone exchange.5. a. A system of payments using instruments, such as negotiable drafts, instead of money.b. The fee or percentage charged for participating in such a system of payment.6. A bill of exchange.7. A rate of exchange.8. The amount of difference in the actual value of two or more currencies or between values of the same currency at two or more places.9. A dialogue: a heated exchange between the two in-laws.adj. Of or relating to a reciprocal arrangement between a local and a foreign institution or group: an exchange student; exchange programs for students learning foreign languages.

[Middle English eschaungen, from Anglo-Norman eschaungier, from Vulgar Latin *excambiāre : Latin ex-, ex- + Late Latin cambīre, to exchange, barter; see change.]

ex·change′a·ble adj.

Thesaurus

Adj.	1.	exchangeable - suitable to be exchangedunexchangeable - not suitable to be exchanged
	2.	exchangeable - capable of being exchanged for or replaced by something of equal value; "convertible securities"convertible
	3.	exchangeable - capable of replacing or changing places with something else; permitting mutual substitution without loss of function or suitability; "interchangeable electric outlets" "interchangeable parts"interchangeable, standardised, standardized, similarreplaceable - capable of being replaced

Translations

可交换的

exchange

(iksˈtʃeindʒ) verb1. to give, or give up, in return for something else. Can you exchange a dollar note for two 50-cent pieces?兑换2. to give and receive in return. They exchanged amused glances.互换 noun1. the giving and taking of one thing for another. He gave me a pencil in exchange for the marble; An exchange of opinions is helpful.交换2. a conversation or dispute. An angry exchange took place between the two brothers when their father's will was read.争吵3. the act of exchanging the money of one country for that of another. 兑换4. the difference between the value of money in different countries. What is the rate of exchange between the U.S. dollar and the yen?兑换率5. a place where business shares are bought and sold or international financial dealings carried on. 交易所6. (also telephone exchange) a central telephone system where lines are connected. 电话交换台exˈchangeable adjective可交换的

Exchangeable

Applies mainly to convertible securities. Means the issuer, if so stated, may substitute a convertible debenture for an existing convertible preferred with identical terms. Most often used when a corporation has an immediate need for equity capital and a low tax rate, and expects either or both conditions to change. This would make the debenture less attractive if the interest tax-deductibility is lost.

Convertible

A bond or preferred stock that may be exchanged for common stock in the company issuing the convertible at a certain ratio and/or a certain price. A convertible security gives the holder a great deal of flexibility. It reduces risk by guaranteeing a coupon payment or dividend while also allowing the holder to take advantage of a potential, larger return through the ability to convert the security. See also: Convertible option.

exchangeable

ex·change

exchange

Exchangeable

Exchangeable

Convertible

exchangeable

Synonyms for exchangeable

adj suitable to be exchanged

Antonyms

adj capable of being exchanged for or replaced by something of equal value

Synonyms

adj capable of replacing or changing places with something else

Synonyms

Related Words