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What is excludability?

What is excludability? Here are some definitions.

Noun
  1. The ability to be excluded.
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Examples
At the level of an individual gene, excludability would seem to depend on how the gene is linked to the characteristics of the biological specimen from which it was isolated.
However, the new techniques used in their creation have exhibited both high natural excludability and immense commercial value.
Over time, however, the researcher may multiply the genetic material or reproduce it in another animal, raising questions about the continuing excludability of the good. them.
The absence of excludability and rivalry introduces market failures that ensure that some goods and services cannot be efficiently provided by markets.
The issue of excludability discussed earlier also hinges on contract costs.
That increase, which operates notwithstanding the excludability of the COD income, flows out to the partners on the last day of the partnership's tax year under Sec.

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