Exchangeable processes are necessarily stationary but are not independent except in highly degenerate scenarios where all parameters of the process are completely known.

The meaning of EXCHANGEABLE is capable of being exchanged : fit or proper to be exchanged. How to use exchangeable in a sentence.

Definition of exchangeable adjective in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

exchangeable [ɪksˈtʃeɪndʒəbl] ADJ → cambiable; [prisoners, publications, stamps] → canjeable

EXCHANGEABLE definition: capable of being exchanged | Meaning, pronunciation, translations and examples

That which is exchangeable may be exchanged for money, credit, or other purchases to the amount of the original purchase: These dishes are exchangeable if you find they are not …

May 31, 2025 · Noun [edit] exchangeable (plural exchangeables) (finance) Any financial instrument with an associated right to be exchanged for another form of financial security.

Something that's exchangeable can be traded or replaced by something else, like an exchangeable pair of shoes, which you can take back to the store and swap for a different pair.

Exchangeable generally refers to something that is capable of being swapped or replaced with something else of similar value or function. It often refers to objects, securities, currencies, …

Examples The tickets for the concert are exchangeable for another date if you cannot attend. Many gift cards are exchangeable at various locations. During the promotion, all items are …