Fungible commodity definition

Fungible commodity means a commodity that is or may in the future become the subject of recurrent contracts in the spot, forward or derivatives markets.

Related to Fungible commodity

  • Commodity means any material, article, supplies, goods, or equipment; “Foreign government” includes any foreign government entity;

  • Eligible Consumer means a consumer of electricity in the area of supply of the distribution licensee, who uses a rooftop solar system installed in the consumer premises, to offset part or all of the consumer's own electrical requirements, given that such systems can be self-owned or third party owned;

  • Fungible goods means either of the following:

  • Eligible Contract means a currently effective written contract between Bank and a Subcustodian satisfying the requirements of paragraph (c)(2) of Rule 17f-5 (including any amendments thereto or successor provisions).

  • Eligible Contract Participant means an “eligible contract participant” as defined in the CEA and regulations thereunder.