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receivability

  • a word derived from receivable.
    receivable
    adjective
    fit for acceptance; acceptable.

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The real support of note circulation not convertible on demand into coin, is receivability for debts due the government, including specie loans, and limitation of amount.

From Monopolies and the People by D. C. Cloud

The best support for note circulation is not limitation, but receivability, especially for loans bearing coin interest.

From Monopolies and the People by D. C. Cloud

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