Printer Friendly
The Free Dictionary
905,873,712 visitors served.
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

fungible

   Also found in: Dictionary/thesaurus, Legal, Wikipedia 0.04 sec.
fungible
Of or relating to assets that are identical in quality and are interchangeable. Commodities, options, and securities are fungible assets. For example, an investor's shares of Xerox left in custody at a brokerage firm are freely mixed with other customers' Xerox shares. Likewise, stock options are freely interchangeable among investors, and wheat stored in a grain elevator is not specifically identified as to its ownership.
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
 
It is important for brokers to emphasize that all homes are not equal and that real estate is not fungible.
No beating experience in today's competitve market by Cliff, Patricia Warburg / Real Estate Weekly
The archdiocese, of course, treats this money as fungible, usable for settlements or any other church purpose as it desires.
Who owns parish real estate? by Berson, Joel / Church & State
The government supported its "indirect" tracing approach by arguing that cash is fungible.
Dividends-received deduction from portfolio stock by Schnee, Edward J. / Journal of Accountancy
More results
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2008 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.