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Fungibility |
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Fungibility The interchangeability of listed options, futures contracts, and other instruments dependent upon identical terms. Notes: Fungibility allows buyers and sellers to close out a position through a closing transaction in an identical contract.See also: Fungibles Fungibility The substitutability of listed options, which is dependent upon their common expiration dates and strike prices. The congruence of expiration dates and strike prices lets investors close positions by offsetting transactions through the options clearing corporation. |
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To ensure the solvency of ceding insurers, and to ensure maximum fungibility of capital, there must be rules of engagement for measuring financial capital, recognition of solvency rules as established by other jurisdictions of equal standing to U. People often forget there's a lot of fungibility in that pay package of theirs. Due to the fungibility of this account, it was generally impossible to determine whether the proceeds, or a portion thereof, were used for general operating expenses or for investment. |
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Fungibility
