Fungible: Difference between revisions

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== See also ==
== See also ==
* [[Assets]]
* [[Assets]]
* [[Benchmark]]
* [[Commodity]]
* [[Commodity]]
* [[Fungibility]]
* [[Fungibility]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Financial_products_and_markets]]

Revision as of 22:15, 28 April 2020

'Fungible' describes securities or other assets that are fully interchangeable.

The best-known example of a fungible asset is cash.


The quoting of a price for a commodity means that the commodity is fungible, within the quality and other specifications of the commodity contract.


Fungibility may also be relative.


See also