Dictionary fungible
Webfrom The American Heritage® Dictionary of the English Language, 5th Edition. adjective Law Returnable or negotiable in kind or by substitution, as a quantity of grain for an equal amount of the same kind of grain. adjective Interchangeable. noun Law Something that is fungible. from The Century Dictionary. Webfungible noun [ C ] uk / ˈfʌndʒəbl / us COMMERCE, FINANCE, LAW something such as a currency, share, or goods, that can easily be exchanged for others of the same value …
Dictionary fungible
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WebObligaciones relativas a los sistemas con un reactivo fungible. Obligations concerning systems using a consumable reagent. El dinero (esto es, los fondos) es fungible. Cash (i.e., the funds) is fungible. Adquisición de material fungible y consumibles. Purchase of expendable material and consumables. More examples. WebMar 17, 2024 · Non-fungible tokens, or NFTs, are the latest cryptocurrency phenomenon to go mainstream. And after Christie's auction house sold the first-ever NFT artwork — a …
WebIn economics, fungibility is the property of a good or a commodity whose individual units are essentially interchangeable, and each of whose parts is indistinguishable from any other … Webfungible noun [ C ] uk / ˈfʌndʒəbl / us COMMERCE, FINANCE, LAW something such as a currency, share, or goods, that can easily be exchanged for others of the same value and type: Several million dollars of fungibles were illicitly moved from the bank. fungibility noun [ U ] Cash has the advantage of fungibility.
WebJul 22, 2024 · Fungible, with its precise definition “ (especially of goods) of such a kind as to be freely exchangeable or replaceable for another of similar kind,” is pretty much restricted to law and finance. However the term is also used with a more general meaning of “interchangeable.”
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 …
WebApr 8, 2024 · noun. 1. (often plural) moveable perishable goods of a sort that may be estimated by number or weight, such as grain, wine, etc. adjective. 2. having the nature … hotels near redhillWebFungible 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. limited domain admin accountWebMar 30, 2024 · Adjective [ edit] fungible ( comparative more fungible, superlative most fungible ) ( finance and commerce) Able to be substituted for something of equal value or utility. Synonyms: interchangeable, exchangeable, replaceable. Antonym: nonfungible. 1649, Antony Ascham, Of the confusions and revolutions of governments, 30 : hotels near redford miWebMay 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 … hotels near redford michiganWebFungible 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 ... limited domainWebfungible. Of or relating to assets that are identical in quality and are interchangeable. Commodities, options, and securities are fungible assets. For example, an investor's … limited domain approachWebJan 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 … hotels near redfish lake idaho