fungibility

noun
the quality of being capable of exchange or interchange
Derivationally related forms: ↑fungible, ↑interchangeable (for: ↑interchangeableness), ↑interchangeable (for: ↑interchangeability), ↑exchangeable (for: ↑exchangeability)
Hypernyms: ↑changeableness, ↑changeability
Hyponyms:

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\\ˌfənjəˈbiləd.ē\ noun (-es)
: the quality or state of being fungible

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fungibilˈity noun
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Main Entry:fungible

Useful english dictionary. 2012.

Look at other dictionaries:

  • Fungibility — is the property of a good or a commodity whose individual units are capable of mutual substitution. Examples Examples of highly fungible commodities are crude oil, precious metals, and currencies.Fungibility has nothing to do with the ability to… …   Wikipedia

  • 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… …   Financial and business terms

  • fungibility — noun see fungible II …   New Collegiate Dictionary

  • fungibility — See fungible. * * * …   Universalium

  • fungibility — noun the property of a good or a commodity whereby individual units are capable of mutual substitution …   Wiktionary

  • Fungibility — A good or asset s interchangeability with other individual goods/assets of the same type. Assets possessing this property simplify the exchange/trade process, as interchangeability assumes that everyone values all goods of that class as the same …   Investment dictionary

  • fungibility — n. (Law) condition of being replaceable (about merchandise) …   English contemporary dictionary

  • fungibility — fun·gi·bil·i·ty …   English syllables

  • fungibility — /ˌfʌndʒə bɪlɪti/ noun being exchangeable for something similar …   Dictionary of banking and finance

  • fungible — fungibility, n. /fun jeuh beuhl/, adj. Law. (esp. of goods) being of such nature or kind as to be freely exchangeable or replaceable, in whole or in part, for another of like nature or kind. [1755 65; < ML fungibilis, equiv. to L fung(i) to… …   Universalium

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