Dictionary fungible

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August undefined, 2024

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: … 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 …

All About Fungibility: What It Means, Why It Matters - Investopedia

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 … 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. sondre paediatrician toowoomba

Fungible: Definition, Meaning, Examples - Business Insider

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 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 shares of Xerox left in custody at a brokerage firm are … WebMay 8, 2024 · In trading, fungibility implies the ability to buy or sell the same financial instrument in two or more different markets. A financial instrument (such as a stock, bond, or futures contract) is considered fungible if it can be bought or sold on one market or exchange, and then sold or bought on another market or exchange. small dining table sets mid century modern

What Does Fungible Mean? Definition, Explanation & Examples

Webfungible. 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 … 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 … small dining table set mission styleWebApr 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 … sondstrom webcam control

"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. " - Dictionary fungible

Dictionary fungible

WebDefinition 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 …

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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 …

WebNon-fungible tokens (NFTs) are digital code on a blockchain comprised of unique identification codes and metadata that distinguish them from one another. The following terms, which are used throughout this statement, are not legal definitions but are rather functional descriptions that the Department has developed based on how the terms are ... Webadjective Definition of fungible as in exchangeable capable of being substituted in place of one another since fruits and vegetables are regarded as fungible in this diet, you are …

WebNon-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 ... WebFungible 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 ...

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.)

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.” small dining table sets clearanceWebMar 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 : s on drive shaftWebOct 24, 2024 · Non-fungible definition The definition of a fungible asset is as follows: (especially of goods) being of such nature or kind as to be freely exchangeable or replaceable, in whole or in... sond.seWebfungible 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 … sondro in the coveWebTranslation 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 … small dining table sets for 2WebSynonyms 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 small dining table sets modern industrialWebMar 30, 2024 · Adjective [ edit] fungible ( comparative more fungible, superlative most fungible ) ( finance and commerce) Able to be substituted for something of equal value … small dining table set with bench