Fungible vs Liquidity - What's the difference?
fungible | liquidity |
(finance, and, commerce) Able to be substituted for something of equal value or utility; interchangeable, exchangeable, replaceable.
* 1876 [1877], , Silver and Gold and Their Relation to the Problem of Resumption ,
* 2011 , Will Self, “The frowniest spot on Earth”, London Review of Books , XXXIII.9:
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(uncountable) The state or property of being liquid.
(economics, countable) An asset's property of being able to be sold without affecting its value; the degree to which it can be easily converted into cash.
(finance) Availability of cash over short term: ability to service short-term debt.
As nouns the difference between fungible and liquidity
is that fungible is any fungible item while liquidity is the state or property of being liquid.As an adjective fungible
is able to be substituted for something of equal value or utility; interchangeable, exchangeable, replaceable.fungible
English
(Fungibility)Adjective
(en adjective)page 116:
- Gold is fungible'. Silver is ' fungible ; that is, these metals are both so homogeneous that, if I get a pound of pure gold, for example, it is indifferent to me whether it be this pound or that pound, one is as good as another
- At the core of Kasarda’s conception of the aerotropolis lies the notion that space – unlike time – is fungible .
Derived terms
* (l)References
liquidity
English
(wikipedia liquidity)Noun
- Some stocks are traded so rarely that they lack liquidity .
