(finance) Any financial instrument with an associated right to be exchanged for another form of financial security.

Able to be exchanged. / (finance) Having an associated right to be exchanged for another form of financial security.

plural of exchangeable

As an exchange or replacement. / To reciprocate.

The condition of being exchangeable

Misspelling of exchangeable.

plural of exchanger

A person or thing that exchanges one thing for another. / (biochemistry) An antiporter.

simple past tense and past participle of exchange

(transitive) To trade or barter. / (transitive) To replace with, as a substitute. / (law, England & Wales, Northern Ireland) Clipping of exchange contracts.