[f. next: see -ITY.] The quality or condition of being exchangeable.
1778. Washington, Lett., 8 March, Wks. 1834, V. 260. To fix their [captured citizens’] exchangeability upon the easiest and most unequivocal foundation.
1833. New Monthly Mag., XXXVII. 501. Mr. Bailey seems to mistake exchangeability for value.
1861. Goschen, For. Exch., 10. To inquire how the rate of interest … the depreciation of the currency in which the bills are payable, affect their exchangeability.
