The quality or state of being actionable; the extent to which something can be acted upon, especially in law (able to be prosecuted) or business (able to be used to take action).
From 'actionable' (able to be acted upon, especially in legal terms, from Latin 'actio' meaning action) + '-ity' (state of being). The suffix indicates this is an abstract quality.
In journalism and law, 'actionability' is huge—it's literally the difference between being able to sue someone or not, or between a story that can be published safely versus one that's too risky—and it's why newspapers have armies of lawyers checking facts before printing!
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