Fungibility Refers to

question 32

Multiple Choice

Fungibility refers to

• A)the ease to which one financial instrument can be transformed into another.
• B)the growing need for technological innovation in financial markets.
• C)the removal of funds from financial intermediaries.
• D)None of the above is correct.

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Definitions:

Ionic

Relating to ions; typically describes chemical bonds formed between atoms through the transfer of one or more electrons from one atom to another.

Peptide

Short chains of amino acids, typically comprising 2-50 amino acids, which can perform a variety of functions in the body.

Proton Donor

A substance that releases hydrogen ions (H+) in solution, thus behaving as an acid according to the Bronsted-Lowry theory.

Neutral Substance

A chemical compound that is neither acidic nor basic and does not change the color of litmus paper.