Sorry, I'm still inclined to disagree. The full definition of ampacity is "The maximum current, in amperes, that a conductor can carry continuously under the conditions of use without exceeding its temperature rating."
I don't find a definition of "condition of use" anywhere. If you can demonstrate that "conditions of use" means only "ambient temperature and number of current carrying conductors in a cable/conduit" then I will agree with you. Otherwise, I find it more rational to say that "conditions of use" includes temperature limitations of the conduit carrying the conductors. As well as possibly other limitations.
Which leads me to another ambiguity in the use of the word "ampacity": when the allowable current on a conductor is controlled by the temperature rating of one of its connections, terminologically, does that reduce the conductor's ampacity? Or is the ampacity still the same, and the termination limitation is an additional limitation? The distinction might matter for applying something like 240.4, "shall be protected
against overcurrent in accordance with their ampacities."
The wording of 240.4(D) "small conductors" is an example where the OCPD size is limited, but the language involved doesn't change the conductor ampacity. But 110.14(C) says "The temperature rating associated with the ampacity of a conductor shall be selected and coordinated . . ." Which suggests to me that the ampacity itself is changed by termination limitation.
Cheers, Wayne