Fungible Meaning & Definition

Trusted Experts

For more than 25 years we’ve helped students pass over 250,000 exams and we’ve done so with  industry leading pass rates!

Guaranteed to pass

Pass  our Greenlight guaranteed practice exam & we guarantee you’ll pass your exam – or your money back!*

Live chat & Phone Support

We’re with you every step of the way, from the time you purchase until the time you pass our trusted experts are here to answer all of your questions!

Definition of Fungible

fungible items are easily exchangeable items with the same conditions

Applying "Fungible" to Securities Exams:

All common stock of the same issuer are all considered to be fungible. That is to say that one share of ABC common stock contains all the same features, rights and benefits of all the other common shares of ABC.