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单词 exchangeable
释义 exchangeable

exchangeable // adjective

1

that can be exchanged:

These vouchers are not exchangeable for cash.

2 (Finance )

(about bonds) that can be exchanged for shares in another company at a particular time in the future:

The bonds are exchangeable into shares of Thomson Multimedia.

Fiat issued an exchangeable bond convertible into its holdings in General Motors.

CONVERTIBLE

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更新时间:2025/4/14 2:43:36