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If an asset is fungible, then all that means is it has the same terms, conditions, and rights as other assets in the same pool. Hence, one asset can be substituted or exchanged for another asset freely. Eg, the additional issue of ordinary shares of a company are fungible to the ordinary shares that are currently issued in the market.
What else can I help you with?
What does the financial term CAC mean?
what does 'CACS' mean in finance
What does gurantor mean?
Financial term-someone that guarantees a loan
What does the financial term 'factoring services' mean?
Financial factoring services are financial services sells its accounts receivable to a third party at a discount. This provides financing to the seller in the form of cash. This is, by no means considered a loan.
What are the benefits of incorporating snowball financial planning into your long-term financial strategy?
Incorporating snowball financial planning into your long-term financial strategy can help you pay off debt faster, stay motivated, and build momentum towards achieving your financial goals.
What is the financial term for the opposite of deficit?
Surplus.
Does fungible mean interchangeable?
Yes it does
Do financial reporting and financial statement mean the same thing?
"Do the term financial reporting and financial statement mean the same thing?"
How do you use fungible in a sentence?
If something is fungible it can be broken into pieces without losing much of its value. Something is fungible or it is not. Gold can be melted down and split into smaller bars with no loss of value, therefor it is fungible. Gasoline is fungible, you can sell two half gallons for the same price as a single gallon. A race horse is not fungible. An iPod is not fungible. A rare coin is not fungible. You're not fungible. Hope this helps.
What does the financial term CAC mean?
what does 'CACS' mean in finance
What does fungible fsi mean?
"Fungible FSI" refers to fungible Floor Space Index, a planning tool that allows for the transfer of development rights. It means that the additional floor area that can be unlocked through this mechanism can be used interchangeably across properties within a defined region, providing flexibility in urban development.
What does gurantor mean?
Financial term-someone that guarantees a loan
What is the difference between fungible and non fungible goods?
Fungible goods are items that can be exchanged or replaced with others of the same kind and value, such as currency or stocks, where each unit is identical and holds the same value. Non-fungible goods, on the other hand, are unique and cannot be exchanged on a one-to-one basis, as they possess distinct characteristics, like art pieces, real estate, or collectibles. Essentially, fungible goods are interchangeable, while non-fungible goods are not.
What does the term financial leverage mean?
The term financial leverage means a way to calculate gains and losses. Normal ways of getting financial leverage is to borrow money or by buying fixed assets.
What is fungible?
Production of rice.
What does funjable mean?
The word "fungible" means "interchangeable". This is typically used for money; money is transferable, interchangeable.
What is in example of fungible good?
potatoe
What is the term palimony mean legally?
palimony is a term used to describe court order financial settlement in disputes relating to what?
