Equivalent: Difference between revisions

Seeing as, in the case of [[dematerialised securities]] held in a [[clearing system]] (in other words ''all'' [[Transferable security|transferable securities]]) this is a rather arid ontological distinction at the best of times, but it is one must firmly in the front of one’s mind when considering fundamental tools of our trade — [[close-out netting]], [[stock lending]], [[rehypothecation]] (anything that involves a [[title transfer collateral arrangement]] really) — lest the whole intellectual superstructure of modern [[credit risk mitigation]] should collapse before your eyes.

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*[[Fungible]]