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Noun: substitutability
  1. Exchangeability by virtue of being replaceable
    "The substitutability of the batteries extends the life of the device";
    - replaceability, commutability
     
  2. (economics) degree to which one good can replace another
    "High substitutability between products"

Derived forms: substitutabilities

Type of: exchangeability, fungibility, interchangeability, interchangeableness

Encyclopedia: Substitutability