Transactable

Transactable describes something that is capable of being involved in a transaction or financial exchange. It implies the ability to be bought, sold, traded, or otherwise used in a commercial interaction. This term often applies to assets, services, or rights that have a measurable value and can be legally transferred between parties. The object or action must possess a degree of liquidity, allowing it to be readily exchanged for something else, typically money, or other assets of perceived worth. Furthermore, the term suggests a level of standardization and clarity surrounding ownership, making the process of exchange straightforward and secure.

Transactable meaning with examples

• The digital artwork, though novel, became transactable once it was minted as an NFT. Collectors could easily buy, sell, or trade the unique piece on the blockchain, leading to increasing interest and valuation over time. This new form of ownership increased its transactability and liquidity within the digital market.
• Before the new banking regulations, certain types of investments were not fully transactable, as complex rules hampered easy movement between financial institutions. This change gave investors much more freedom to move funds, increasing overall market activity and making many assets more freely transactable for anyone involved.
• During the construction phase, a company needed to ensure that its bonds and other assets remained transactable to maintain sufficient capital and attract investment, thereby ensuring that there was enough capital to finish building the large project.
• The company focused on making its services as transactable as possible by creating easy-to-use online platforms. This allowed them to efficiently handle customer orders, payments, and returns. This ease increased customer satisfaction and attracted investors to the company.