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Def of fungible

WebDefinitions of fungible adjective of goods or commodities; freely exchangeable for or replaceable by another of like nature or kind in the satisfaction of an obligation … WebMar 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 :

Fungible - Definition, Meaning & Synonyms Vocabulary.com

WebFungible commodities include sweet crude oil, company shares, bonds, other precious metals, and currencies. Fungibility refers only to the equivalence and indistinguishability … sydney rainfall 2022 ytd https://patrickdavids.com

What Does Fungible Mean? The Word Counter

WebDec 31, 2024 · A Definition of the Word “Fungible”. Merriam Webster defines “fungible” as “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.”. When something is fungible, you can completely replace it with something ... WebMar 17, 2024 · Non-fungible tokens (NFTs) seem to be everywhere these days. From art and music to tacos and toilet paper, these digital assets are selling like 17th-century exotic Dutch tulips—some for ... Webadjective. fun· gi· ble ˈfən-jə-bəl. Synonyms of fungible. 1. : being something (such as money or a commodity) of such a nature that one part or quantity may be replaced by … sydney rail north shore line

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Category:fungible - Wiktionary

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Def of fungible

What Are Fungible Goods? Meaning, Examples, and How …

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 … Webfungible translate: 易于(与同类或同价物品)交换(或交易)的. Learn more in the Cambridge English-Chinese simplified Dictionary.

Def of fungible

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WebApr 2, 2024 · (ˈfʌndʒɪbəl ) law 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 … WebFungible definition: Returnable or negotiable in kind or by substitution, as a quantity of grain for an equal amount of the same kind of grain.

WebDefine fungibility. fungibility synonyms, fungibility pronunciation, fungibility translation, English dictionary definition of fungibility. adj. 1. Law Returnable or negotiable in kind or by substitution, as a quantity of grain for an equal amount of the same kind of grain. ... often fungibles Law Something that is fungible. [Medieval Latin ... WebGeneral Definitions. § 1-201. General Definitions. (a) Unless the context otherwise requires, words or phrases defined in this section, or in the additional definitions contained in other articles of the Uniform Commercial Code that apply to particular articles or parts thereof, have the meanings stated. (b) Subject to definitions contained in ...

Webfungible: 1 adj of goods or commodities; freely exchangeable for or replaceable by another of like nature or kind in the satisfaction of an obligation Synonyms: exchangeable suitable to be exchanged n a commodity that is freely interchangeable with another in satisfying an obligation Type of: commodity , good , trade good articles of commerce WebFeb 25, 2024 · According to Dictionary, the word fungible is an adjective that means by law returnable or freely exchangeable with something else of the same kind. This word is …

WebNon-fungible tokens (NFTs) have been met with considerable interest in the last few years. After a period of tremendous growth, however, ... and this rules out standardisation and thus negotiability in terms of the supervisory definition of securities. At the same time, there is some possibility that NFTs may be classified as securities in future.

WebDec 15, 2015 · Definition: Maintains its value over time. Use: Can be spent or exchanged at a later date without penalty. Example: An ounce of gold could buy a toga in Roman times, yet it can still buy a nice suit today. In other words, money must meet be: Divisible: Can be divided into smaller units of value. Fungible: One unit is viewed as interchangeable ... tf2 harvest towerWebFeb 25, 2024 · According to Dictionary, the word fungible is an adjective that means by law returnable or freely exchangeable with something else of the same kind. This word is often used in law. The word fungible is three syllables (fun-gi-ble), and the pronunciation of fungible is fuhn-juh-buhl. The word fungible is often heard with the prefix non to form ... tf2 hat memeWebfungible pronunciation. How to say fungible. Listen to the audio pronunciation in English. Learn more. tf2 hawf lightwarpWebApr 8, 2024 · Fungibility is the property of being exchangeable for other assets of the same kind without any change in value or usability. For instance, a U.S. dollar is fungible, … tf2 hat tier listWebfungible. 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 … sydney rail trackwork this weekendWebMay 8, 2024 · Definition and Example of a Fungible Investment. Fungibility is the ability to substitute one unit of a financial instrument for another unit of the same financial instrument. 1 This works with paper money when you swap your dollar for someone else's. It doesn't work if you try to trade a U.S. dollar for a Canadian dollar—they don't share the ... sydney railway network mapWebMar 30, 2024 · fungible ( comparative more fungible, superlative most fungible ) ( finance and commerce) Able to be substituted for something of equal value or utility. Synonyms: … sydney raye smith