what is fungible goods?

Answer 1

things that can be pooled with other things of the same nature, and nobody cares exactly which one you take when you comsume one or move one elsewhere. Common examples are bushels of grain of a particular type and quality, or stock certificates in a company. If you own 10 shares of microsoft and its put in an account with your brother's 10 shares of microsoft, nobody cares which 10 shares you each get if you decide to split up the account later.

Also, if you are storing wheat in a coop silo. you give them 100 bushels, you don't expect to get back the exact same 100 bushels later, when you want to make bread. you just want 100 bushels of the same kind and quality that you put in.

Those are examples of fungible goods. basically commodity type things that can be freely exchanged with the same kind of thing without anyone caring about the differences.

Answer 2

Fungible Goods

Answer 3

Fungibility is the property that individual units of a good or commodity are capable of mutual substitution: different instances / units of the same type of good make no difference.

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Answer 4

Maybe related to this , whatever this gibberish is . . .

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 clearing corporation.

Answer 5

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