Paraphrasing from here:
A purely monochromatic 575nm wavelength light would be "perceived" as yellow, as would a light that has equal components in red and green (but no yellow). However, the actual waveform for the latter would be different than a pure yellow waveform.
However, we could, theoretically, use a Fourier Analysis to determine the frequencies at which the second light (red/green) has peaks in intensity. I am wondering if there would be any such case where an FFT would mislead us in how that light is perceived by most humans. For example, maybe you input some waveform to an FFT and the results show peak intensities in the red and green wavelengths, but for some reason that light is actually perceived as blue or something... discounting variances in the perception of color between humans (talking general case here).