Defn: The quality, state, or degree of being replaceable.

REPLACEABLE
Re*place"a*ble (r-pls"-b'l), a.

1. Capable or admitting of being put back into a place.

2. Admitting of having its place supplied by a like thing or an equivalent; as, the lost book is replaceable.

3. (Chem.)

Defn: Capable of being replaced (by), or of being exchanged (for); as, the hydrogen of acids is replaceable by metals or by basic radicals.

REPLACEMENT
Re*place"ment (-ment), n.

1. The act of replacing.

2. (Crystallog.)

Defn: The removal of an edge or an angle by one or more planes.