Dictionary fungible

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August undefined, 2024

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 … 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 …

fungible - Wiktionary

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. WebApr 18, 2024 · Fungible goods are items that are interchangeable because they are identical to each other for practical purposes. Commodities, common shares, options, … bob scott\u0027s authentic indian jewelry

Urban Dictionary: fungible

WebApr 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 … 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. 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 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 ... bob scott\u0027s bothy map

What Are Fungible Goods? Meaning, Examples, and How to Trade

Interim statement regarding the taxability of non-fungible tokens …

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 … 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 … bob scott\u0027s game show nightWebFungible 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 ... clip organizer images

"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 ... " - Dictionary fungible

Dictionary fungible

Fungible: Definition, Meaning, Examples - Business Insider

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: …

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Webfungible adj. (law: able to be traded or exchanged) fungible adj mf. canjeable adj mf. intercambiable adj mf. Money given to charities is fungible and can be used for any purpose related to the organization's needs. El dinero que se le da a la beneficencia es fungible y puede ser usado para cualquier propósito relacionado con las necesidades ... Webfun·gi·ble. (fŭn′jə-bəl) 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. 2. Interchangeable. n. …

Webnoun. : something that is fungible (see fungible entry 1 sense 1) : a good one part or quantity of which can be substituted for another of equal value in satisfying an … WebOct 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...

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 … WebSynonyms 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

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

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 … clip or tan ashville ohioWebFungible 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 … clip out as a coupon crosswordWebMar 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 : bob scott\\u0027s rvWebadjective 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 … bob scott\\u0027s top 100 varsWebMany translated example sentences containing "fungible" – Spanish-English dictionary and search engine for Spanish translations. clip ornamentsWebfungible 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 … clip or shave a dogWebfungible. 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 … clip or device for my baggy tee shirts