Dictionary fungible
WebJan 25, 2015 · fungible (adj.) "capable of being used in place of another; capable of being replaced," 1818, a word in law originally, from Medieval Latin fungibilis, from Latin fungi "perform" (see function (n.)) via phrases such as fungi vice "to take the place." Earlier as a noun (1765). Entries linking to fungible function (n.) WebMay 7, 2024 · Fungibility is the ability of a good or asset to be readily interchanged for another of like kind. Like goods and assets that are not interchangeable, such as owned …
Dictionary fungible
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WebJan 25, 2015 · fungible (adj.) "capable of being used in place of another; capable of being replaced," 1818, a word in law originally, from Medieval Latin fungibilis, from Latin fungi … WebOf goods or products, that they are all of a kind, not unique, and replaceable by other goods of the same kind; for example, crops are fungible while a painting by Rembrandt is not. Webster's New World Law (finance and commerce) Able to be substituted for something of equal value or utility; interchangeable, exchangeable, replaceable. Wiktionary
WebFungible A description applied to items of which each unit is identical to every other unit, such as in the case of grain, oil, or flour. Fungible goods are those that can readily be estimated and replaced according to weight, measure, and amount. West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. WebDec 4, 2004 · 1: (adj) Of goods or commodities; freely exchangeable for or replaceable by another of like nature or kind in the satisfaction of an obligation 2: (n) A commodity that is freely interchangeable with another in satisfying an obligation 3: (n)(Slang) Items which are simultaneously the product of fungal growth--typically bluish, small and phallic in …
WebDec 4, 2004 · fungible. 1: (adj) Of goods or commodities; freely exchangeable for or replaceable by another of like nature or kind in the satisfaction of an obligation. 2: (n) A … WebApr 18, 2024 · Fungible goods are items that are interchangeable because they are identical to each other for practical purposes. Commodities, common shares, options, …
WebFungible definition, (especially of goods) being of such nature or kind as to be freely exchangeable or replaceable, in whole or in part, for another of like nature or kind: …
WebTranslation of fungible – English–Mandarin Chinese dictionary fungible adjective finance & economics specialized uk / ˈfʌn.dʒ.ə.b ə l / us / ˈfʌn.dʒ.ə.b ə l / easy to exchange or trade for something else of the same type and value 易于（与同类或同价物品）交换（或交易）的 fungible goods / commodities 易于交易的货物／商品 fungible assets / bonds 易于交易 … cumberland county pa local rulesWebNon-fungible more or less means that it’s unique and can’t be replaced with something else. For example, a bitcoin is fungible — trade one for another bitcoin, and you’ll have exactly the same thing. A one-of-a- kind trading card, however, is non -fungible. If you traded it for a different card, you’d have something completely ... east river high school flWebApr 2, 2024 · fungible in American English (ˈfʌndʒəbəl ) adjective 1. Law designating movable goods, as grain, any unit or part of which can replace another unit, as in … east river high school floridacumberland county pa local court rulesWebSynonyms of fungible 1 : being something (such as money or a commodity) of such a nature that one part or quantity may be replaced by another equal part or quantity in paying a debt or settling an account Oil, wheat, and lumber are fungiblecommodities. fungiblegoods 2 : capable of mutual substitution : interchangeable cumberland county pa land recordsWebFungible refers to items or commodities that can be exchanged with other assets or commodities of the same type. For example, currency is a fungible asset because it can be exchanged for other ... east river high school graduation 2017WebDefinition and examples. Fungible refers to something that cannot be distinguished from another thing, it is interchangeable, substitutable or uniform. For example, if I lent somebody $10 by giving her a ten-dollar … east river high schedule