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Fungible
(redirected from fungibility)

    Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.04 sec.

A description applied to items of which each unit is identical to every other unit, such as in the case of grain, oil, or flour.

Fungible goods are those that can readily be estimated and replaced according to weight, measure, and amount.
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To ensure the solvency of ceding insurers, and to ensure maximum fungibility of capital, there must be rules of engagement for measuring financial capital, recognition of solvency rules as established by other jurisdictions of equal standing to U.
Agreeing to disagree: in a Best's Review roundtable about U.S. ... by Pilla, David / Best's Review
People often forget there's a lot of fungibility in that pay package of theirs.
Future shock: Christopher Thornberg, who tracks economic patterns for ... by Fixmer, Andy / Los Angeles Business Journal
Due to the fungibility of this account, it was generally impossible to determine whether the proceeds, or a portion thereof, were used for general operating expenses or for investment.
Significant recent developments by Zaitzeff, Elizabeth / The Tax Adviser
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