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Write a word or a term or a phrase which can substitute the following statement. This means securities are without distinctive identity number. - Secretarial Practice

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Question

Write a word or a term or a phrase which can substitute the following statement.

This means securities are without distinctive identity number.

One Word/Term Answer

Solution

This means securities are without distinctive identity number. - Fungibility

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Concepts/Terms Related to Depository System
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Chapter 9: Depository System - Exercises [Page 139]

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Balbharati Secretarial Practice [English] 12 Standard HSC Maharashtra State Board
Chapter 9 Depository System
Exercises | Q 1 C) 11. | Page 139
SCERT Maharashtra Secretarial Practice [English] 12 Standard HSC
Chapter 9 Depository System
Write a word or a term or a phrase | Q 3
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