Interchangeable. The term is often used to apply to financial instruments which are identical in specifications. For example, options and futures contracts are highly fungible, since they are highly standardized arrangements. On the other hand, forwards and swaps are not, since they are customized arrangements. Instruments that are highly fungible tend to be very liquid, and so transaction costs tend to be low.
Related information about fungible:
- Fungibility - Wikipedia, the free encyclopedia
However, gasoline is fungible and though Alice may have a preference for a particular ... A good is fungible if one unit of the good is substantially equivalent to ...
- Fungible - Merriam-Webster Online
1fun·gi·ble. noun \ˈfən-jə-bəl\. Definition of FUNGIBLE. : something that is fungible —usually used in plural. First Known Use of FUNGIBLE. circa 1765. 2 fungible ...
- Fungible | Define Fungible at Dictionary.com
(especially of goods) being of such nature or kind as to be freely exchangeable or replaceable, in whole or in part, for another of like nature or kind. Relevant ...
- fungible - definition of fungible by the Free Online Dictionary ...
fun·gi·ble (f n j -b l). adj. 1. Law Returnable or negotiable in kind or by substitution , as a quantity of grain for an equal amount of the same kind of grain. 2.
- fungible - Wiktionary
fungible (comparative more fungible, superlative most fungible) ... Silver is fungible; that is, these metals are both so homogeneous that, if I get a pound of pure ...
- Use fungible in a sentence | fungible sentence examples
How to use fungible in a sentence. Example sentences with the word fungible. fungible example sentences.
- Rick Castello (Fungible) on Twitter
@Fungible. Just zis guy - Geek of All Trades, and lover of games, food, cooking, motorcycling, & adventure! (UNCENSORED PERSONAL ACCOUNT - I don't ...
- What is fungible? definition and meaning
Definition of fungible: Interchangeable. The term is often used to apply to financial instruments which are identical in specifications. For example, options and ...