Interchangeability Law and Legal Definition

Interchangeability is defined as a product being "roughly equivalent to another for the use to which it is put; while there might be some degree of preference for the one over the other, either would work effectively." BanxCorp v. Bankrate, Inc., 2009 U.S. Dist. LEXIS 84151 (D.N.J. Sept. 14, 2009)