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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
However, the new techniques used in their creation have exhibited both high natural excludability and immense commercial value.
Intellectual property rights usually cannot provide innovators with full excludability.
Secured tenure rights for a secured provision of services at local level seems to be a precondition, but could be fulfilled by a minimum condition like excludability.
In practice, private goods exist along a continuum of excludability and rivalry and can even exhibit only one of these characteristics.
Excludability determines whether pricing is feasible.
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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