fungible securities
Securities which are replaceable by others of the same series without any differences in the rights attributable to them.
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Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • fungible — fun‧gi‧ble [ˈfʌndʒbl] adjective 1. COMPUTING fungible things can be exchanged for another amount of the same thing, or used instead of another thing: • External PC and Mac modems are generally fungible, swapping them usually requires new cables …   Financial and business terms

  • fungible things — Sometimes called fungibles, they are goods which are interchangeable, often sold or delivered in bulk, since any load is as good as another. Grain or gravel are fungibles, as are securities which are identical. Category: Business, LLCs &… …   Law dictionary

  • Securities lending — In finance, securities lending or stock lending refers to the lending of securities by one party to another. The terms of the loan will be governed by a Securities Lending Agreement , which, under U.S. law, requires that the borrower provides the …   Wikipedia

  • fungible goods or securities — Goods or securities of which any unit is, by nature or usage of trade, the equivalent of any other like unit. UCC § 1 201(17) …   Ballentine's law dictionary

  • fungible things —    Interchangeable goods, which are often sold or delivered in bulk, such as oil, wheat, bolts, lumber or identical securities. Also known as fungibles …   Business law dictionary

  • International Securities Identifying Number — Die International Securities Identification Number (ISIN) ist eine zwölfstellige Buchstaben Zahlen Kombination und stellt eine Identifikation für ein Wertpapier dar, das an der Börse gehandelt wird. Der Aufbau der ISIN wird in der ISO 6166… …   Deutsch Wikipedia

  • International Securities Identification Number — Die International Securities Identification Number (ISIN) ist eine zwölfstellige Buchstaben Zahlen Kombination und stellt eine Identifikation für ein Wertpapier dar, das an der Börse gehandelt wird. Der Aufbau der ISIN wird in der ISO 6166… …   Deutsch Wikipedia

  • BTF (finance) — BTFs (Bons du Trésor à taux fixe et à intérêts précomptés) are fixed rate short term discount Treasury bills issued by the French debt agency Agence France Trésor (AFT). They are fungible securities whose original maturity is less than or equal… …   Wikipedia

  • Obligation assimilable du Trésor — OATs (Obligations assimilables du Trésor) are government bonds issued by Agence France Trésor (French Treasury), generally by auction according to an annual calendar published in advance. These fungible securities are issued with maturities of… …   Wikipedia

  • Obligation Assimilable du Trésor — ( OAT) Euroclear Clearing and Settlement glossary Obligations assimilables du Trésor ( OAT), have become the method of choice for placing the French government s long term debt. These fungible securities are issued with maturities of seven to 50… …   Financial and business terms

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