Collateral and Fungible: Difference between pages

Latest revision as of 14:44, 16 December 2021

'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.

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+'Fungible' describes securities or other assets that are fully interchangeable.
-An asset provided as security for a debt.
+The best-known example of a fungible asset is cash.
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+The quoting of a price for a commodity means that the commodity is fungible, within the quality and other specifications of the commodity contract.
-Security provided in respect of a financial transaction, such as a swap.
-Collateral is normally provided in the form of cash or readily marketable securities.
+Fungibility may also be relative.
 == See also ==
-* [[Caps]]
+* [[Assets]]
-* [[Collateral transformation]]
+* [[Benchmark]]
-* [[Haircut]]
+* [[Commodity]]
-* [[Liquidity insurance]]
+* [[Fungibility]]
-* [[Liquidity upgrade]]
+* [[Intangible assets]]
-* [[Repurchase agreement]]
+* [[Non-fungible token]]
-* [[Risk mitigation]]
+* [[Tangible asset]]
-* [[Secured debt]]
+* [[Token]]
-* [[Security]]
-* [[Collateral agreement]]
-* [[Bilateral repurchase agreement]]
-* [[Tri-party repurchase agreement]]
-[[Category:Long_term_funding]]
+[[Category:Accounting,_tax_and_regulation]]
-[[Category:Risk_frameworks]]
+[[Category:The_business_context]]
+[[Category:Financial_products_and_markets]]