# Exchangeable Asset

**IRI:** https://folio.openlegalstandard.org/R55U3VqKtppEAuOZDpF9XM

## Labels

**Preferred Label:** Exchangeable Security

## Definition

An Exchangeable Asset is a financial instrument that can be exchanged for securities issued by a different entity. This feature allows the holder to convert their investment into another security, providing flexibility and potential strategic advantages.

## Sub Class Of

- https://folio.openlegalstandard.org/R7NbRiaFKuXbP6fYk436pb2

**Deprecated:** False