Describes goods or commodities which can be exchanged for something of the same kind, of equal value and quality.

able to be substituted by something else of the same sort. For example, if you borrow some sugar from a neighbour, you can give back the same amount of sugar, but it will not be the exact sugar that y [..]

"capable of being used in place of another; capable of being replaced," 1818, a word in law originally, from Medieval Latin fungibilis, from Latin fungi "perform" (see function (n. [..]

Term which refers to the likeness or least interchangeability of a petroleum product. Material shipped on a pipeline must be fungible, i.e. have a common set of specifications acceptable to various sh [..]

Fungibility describes the extent to which a security or commodity can be substituted for or is interchangeable with another security or commodity. One cargo of West Texas Intermediate (WTI) crude oil is fully fungible with another. So are exchange traded options and futures contracts as their terms are standardised. Forward contracts and swap contr [..]

When two or more things are interchangeable, can be substituted for each other, or are of equal value, they are described as fungible. For example, shares of common stock issued by the same company are fungible at any point in time since they have the same value no matter who owns them.Forms of money, such as dollar bills or euros, are fungible sin [..]

A term referring to the interchangeability of financial instruments having effectively identical features.

adj. That may be measured, counted, or weighed.

Definition 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 a [..]

[New Latin fungibilis, from Latin fungi to perform] : being something (as money or a commodity) one part or quantity of which can be substituted for another of equal value in paying a debt or ...

(n) a commodity that is freely interchangeable with another in satisfying an obligation(adj) of goods or commodities; freely exchangeable for or replaceable by another of like nature or kind in the sa [..]

A class of good or security that has the property of being su bstitutable or interchangeable with another in the same class. For example, Bearer securities, common stocks and money are fungible

Refers to petroleum products which can be transport in a pipeline in succession, one after the other, without need for space between them.

A product or service that is available from several sources, …

"Being of such a nature or kind that one unit or part may be exchanged or substituted for another unit or equal part to discharge an obligation." Examples: money or grain. Not exampl [..]

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 s [..]

(finance,and|commerce) Able to be substituted for something of equal value or utility; interchangeable, exchangeable, replaceable. * '''1876''' [1877], , ''Silver and Gold and Their Relation to the [..]