Fungibility: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create the page. Sources: linked pages.) |
(No difference)
|
imported>Doug Williamson (Create the page. Sources: linked pages.) |
(No difference)
|
1.
'Fungibility' describes the extent to which one security can be substituted for another.
2.
It may also describe a situation in which securities or other assets are fully interchangeable (fungible).