exchangeable exchangeable  /ɪks ˈtʃeɪn dʒə bəl/

Definition(s):

  1. (adj) suitable to be exchanged
  2. (adj) capable of being exchanged for or replaced by something of equal value
  3. (adj) capable of replacing or changing places with something else; permitting mutual substitution without loss of function or suitability

Usage(s):

  1. The company's Waterford boasts a moisture-laden filter, Sweet Caporal has an old name with a new tip, and Colony offers coupons exchangeable for cash or trading stamps.
  2. We are no longer exchangeable.
  3. For his total score he receives a certain number of coupons exchangeable for merchandise.

News

  1. Cash Dividend On The Way From Wells Fargo's Non-cumulative Exchangeable Perpetual Series A Preferred Securities

    On 6/13/13, Wells Fargo & Co.'s 7.25% Non-cumulative Exchangeable Perpetual Series A Preferred Securities (NYSE: WNA.PR) will trade ex-dividend, for its quarterly dividend of $0.4531, payable on 7/1/13. As a percentage of WNA.PR's recent share price of $27.60, this dividend works out to approximately 1.64%, so look for shares of WNA.PR to trade 1.64% lower ? all else being equal ? when WNA.PR ...
    on June 11, 2013     Source: Forbes

  2. Union Planters Preferred Funding Corp. Announces Offer to Purchase Certain Outstanding Preferred Stock and ...

    Union Planters Preferred Funding Corp. , a Delaware corporation and indirect subsidiary of Regions Financial Corp. , announced today that it has commenced a cash tender offer to repurchase any and all of its 7.75% Non-Cumulative Exchangeable Series B Preferred Stock, liquidation preference $100,000 per share .
    on June 10, 2013     Source: Business Wire via Yahoo! Finance

  3. Fitch Affirms Morgan Stanley Re-REMIC Series 2010-HQ4B

    NEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms the following classes of Morgan Stanley & Co, Inc. Re-REMIC Trust 2010-HQ4B, pass-through certificates: --$142,624,000 class A7A at 'AAAsf'; Outlook Stable; --$20,375,000 class AM at 'AAAsf'; Outlook Stable; --$142,624,000 class A7AP* at 'AAAsf'; Outlook Stable; --$142,624,000 class A7AI* at 'AAAsf'; Outlook Stable. *Exchangeable Certificates ...
    on June 8, 2013     Source: Business Wire

Quotes

  • "President Abbas called on Olmert to end an 8-month siege imposed on the Gaza Strip and to reinforce an exchangeable truce that includes not only the Gaza Strip but also the West Bank," said Erekat.
    on Feb 19, 2008 By: Saeb Erekat Source: PRESS TV

Word of the Day
ambivalent ambivalent
/æm ˈbɪ və lənt /