fungibility

English - Turkish

Definition of fungibility in English Turkish dictionary: (Ticaret) takas edilebilirlik; (Ticaret) değiştirilebilirlik; (Ticaret) mübadele edilebilirlik; (Ticaret) ikame edilebilirlik

English - English

Definition of fungibility in English English dictionary: the property of a good or a commodity whereby individual units are capable of mutual substitution; the quality of being capable of exchange or interchange; The characteristic of interchangeability Futures contracts for the same commodity or financial instrument and delivery month are fungible due to their standardized specifications for quality, quantity, delivery date and delivery locations; The characteristic of interchangeability Futures contracts for the same commodity and delivery month are fungible due to their standardized specifications for quality, quantity, delivery date and delivery locations; the interchangeability of allowances, credits, and/or offsets, assuming that each unit represents a consistently measured and standardized quantity of emissions; The inter-changeability of the emission reduction credits among the mechanisms; The inherent characteristic of existing in many separate units, each of which is the same as, and can be used in place of any other unit Municipal securities are considered generally to lack fungibility because, given the large number of issues and the relatively small principal amount outstanding on most issues, a person seeking to replace securities of a specific issue (e g , in order to make delivery on a transaction) often finds it difficult to locate identical securities elsewhere in the market The features of securities which must be identical in order for them to be considered fungible for delivery purposes are specified in MSRB Rules G-12(e) and G-15(c); The characteristic of interchangeability Instruments that are equivalent, substitutable and interchangeable in law; {i} (Law) condition of being replaceable (about merchandise); The substitutability of listed options, which is dependant upon their common expiration dates and strike prices The congruence of expiration dates and strike prices give the investor the power of closing their positions by putting offsetting transactions through the options clearing corporation; 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; measures ability of a buyer to substitute one technology or product for another