English version

exchangeable

From Longman Business Dictionaryexchangeableex‧change‧a‧ble /ɪksˈtʃeɪndʒəbəl/ adjective if something is exchangeable, it can be given to someone who will give something back in returnexchangeable forEach bond is priced at FFr680 and is exchangeable for one share from July 1 next year.exchangeable intoWhen people lend dollars, they lend because they trust that they will be repaid in money that will be exchangeable into goods.
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