Defn: The quality or state of being exchangeable. The law ought not be contravened by an express article admitting the exchangeability of such persons. Washington.

EXCHANGEABLE
Ex*change"a*ble, a. Etym: [Cf.F. échangeable.]

1. Capable of being exchanged; fit or proper to be exchanged. The officers captured with Burgoyne were exchangeable within the powers of General Howe. Marshall.

2. Available for making exchanges; ratable. "An exchangeable value." J. S. Mill.

EXCHANGEABLY
Ex*change"a*bly, adv.

Defn: By way of exchange.

EXCHANGE EDITOR
Ex*change" ed"i*tor.

Defn: An editor who inspects, and culls from, periodicals, or exchanges, for his own publication.

EXCHANGER
Ex*chan"ger, n.

Defn: One who exchanges; one who practices exchange. Matt.