Fungibility


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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.

Fungibility

The state of being interchangeable. For example, money has fungibility because there is no difference between one dollar and another dollar. Likewise, stocks of the same type in the same company and commodities of the same quality are generally fungible. On the other hand, assets like land or baseball cards are not fungible because each unit has unique qualities that add or subtract value.
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The concept of fungibility has also been deployed to undercut private insurance coverage of abortion.
In his work "Taterschaft und Tatherrschaft", published in the year of 1963, Claus Roxin presented, originally, as the conditions to characterize the control over the organization, a rigidly hierarchical structuring of the power apparatus, its dissociation in relation to law and a fungibility of direct executors of the crime (24).
One must emphasize that the consumption represents a quality of the good related to its form of use while fungibility represents only a connection that one good may have with another one or another ones.
We found that resource fungibility had a positive moderating effect on the formation of capabilities.
Aid fungibility in assessing aid: Red herring or true concern?
We will work with Nasdaq Dubai to ensure fungibility with our planned dual listing.
That said, this chapter is still an introduction to the subject, laying out the basics of global oil-market fungibility well, but treating the question of oil interdependency from the perspective of climate change and with a slightly alarmist tone of "peak oil.
He says enterprises will be willing to trade some fungibility for a more efficient system - albeit one in which the x86 system morphs to include some proprietary technologies and the customer buys the integrated package from IBM.
fungibility and competition among execution platforms;
When coupled with a precise understanding of equipment fungibility, utilization and availability, unit tracking becomes a major advantage to the companies in the supply chain and, ultimately, to the end-customer.
You could miss it amidst all this thinking and writing and banking: the fluidity, the liquid fungibility of Lederer's world.
Another major problem found in the relationship between lotteries and education funding involves the fungibility of lottery revenues (Mikesell and Zorn, 1986; Spindler, 1995; Garrett, 2001; and Campbell, 2003).