Definitions for "Fungibility"
The characteristic of interchangeability. Instruments that are equivalent, substitutable and interchangeable in law.
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.
the quality of being capable of exchange or interchange
Keywords:  fica, face, value
Financing an activity that would have been implemented anyway. Fungibility is primarily a problem of the donor, not to the recipient. A practical implication of fungibility is that the recipient country might use the donor support for financing programmes, projects or budget items, which the donor is not willing to finance.
Fungibility is the concept that the different types of reduction credits accruing under each mechanism are all equivalent.
Keywords:  extent, converted, power, another, form
the extent to which one form of power can be converted into another