substitutability

American  

[suhb-stuh-too-tuh-bil-uh-tee] / ˌsʌb stəˌtu təˈbɪl ə ti /

noun

1. the ability to substitute someone or something for another; the degree to which someone or something can be effectively replaced.

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Other Word Forms

• intersubstitutability noun
• non-substitutability noun

Example Sentences

All of these trends – the decline of full-time and single-worksite jobs, the rise of the creative and technical economy, the expanding substitutability of foreign workers and automation – come together in the "gig economy."

From US News • Sep. 12, 2016

The substitutability of carp could address a chief criticism of commercializing carp.

From Scientific American • Jul. 8, 2015

The Basel group’s parameters for measuring the lenders “are size, interconnectedness, substitutability, global activity and complexity,” Walter said.

From BusinessWeek • Apr. 6, 2011

"We have examined a number of indicators of competition – market shares, pricing metrics, profitability, barriers to entry and expansion, buyer power and substitutability," said Ofcom.

From The Guardian • Apr. 1, 2010

In his plea to the G20, he said it should "take into consideration size, interconnectedness and substitutability, while accepting that a precisely calibrated measure might not be achievable".

From The Guardian • Mar. 31, 2010