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exchange of stock
exchange offer
exchange particle
exchange privilege
exchange rate
Exchange Rate Mechanism
exchange rate risk
exchange student
exchangeable security
exchequer
excimer
excimer laser
excipient
excise (1)
excise (2)
exciseman
excision repair
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exchangeable security
ex·change·a·ble se·cu·ri·ty (plural ex·change·a·ble se·cu·ri·ties)


noun 
Definition:
 
finance security exchangeable for another: a security that carries the right of exchange for a different security or instrument
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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