Equivalent: Difference between revisions

Nowadays, where all securities are held in electronic book-entry form, or on a [[blockchain]] or something like that,<ref>Actually, maybe it ''does'' mean something on a [[blockchain]]: each entry in the legible is its own distinct thing, defiantly [[non-fungible]], [[ontologically]], even if it ''is'' fungible ''financially''. Odd.</ref> this doesn’t really mean a great deal, but in the old days, when securities were printed on paper, it did. The only securities commonly printed on paper these days are bank notes: One British five pound note is equivalent to another British five pound note, but is not equivalent to a Jersey five pound note, because even though Jersey is in a currency union with sterling, the Jersey note is not legal tender in England.

Now, when it comes to return it, ''dilemma'': you’ve been mucking around with it. You don’t still ''have'' “it”. You could go and buy a ''new'' “it” and return that, but the ''exact old “it”'' they gave you — that’s goneski.