fungible


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Related to fungible: Fungible things

fun·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.
often fungibles Law Something that is fungible.

[Medieval Latin fungibilis, from Latin fungī (vice), to perform (in place of).]

fun′gi·bil′i·ty n.

fungible

(ˈfʌndʒɪbəl) law
n
(Law) (often plural) moveable perishable goods of a sort that may be estimated by number or weight, such as grain, wine, etc
adj
(Law) having the nature or quality of fungibles
[C18: from Medieval Latin fungibilis, from Latin fungī to perform; see function]
ˌfungiˈbility n

fun•gi•ble

(ˈfʌn dʒə bəl)

adj.
(of goods) exchangeable or replaceable, in whole or in part, for another of like nature or kind.
[1755–65; < Medieval Latin fungibilis, derivative of Latin fung(ī) to perform the office of]
fun`gi•bil′i•ty, n.

fungible

- Interchangeable, returnable, or easily replaced.
See also related terms for interchangeable.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.fungible - a commodity that is freely interchangeable with another in satisfying an obligation
commodity, trade good, good - articles of commerce
Adj.1.fungible - of goods or commodities; freely exchangeable for or replaceable by another of like nature or kind in the satisfaction of an obligation
law, jurisprudence - the collection of rules imposed by authority; "civilization presupposes respect for the law"; "the great problem for jurisprudence to allow freedom while enforcing order"
exchangeable - suitable to be exchanged
Translations
References in periodicals archive ?
NicOx intends to apply for the listing of the new shares on the Nouveau Marche of Euronext Paris, where they will be fully fungible with the existing ordinary shares of the Company.
The ADSs are fungible with the Ordinary Shares of the Company upto the current permissible limits of 15.
Contract notice: Cp-2017-08 supply of fungible radiotherapy material for the catalan institute of oncology.
The shareholders served by the Nominative Shares Fungible Custody Service of Sao Paulo Stock Exchange - BOVESPA that intend to attend this Meeting shall present a certificate presenting their respective stock holdings, issued by the qualified body, in the period of 48 (forty-eight) hours before the start of the Meeting.
Contract notice: Supply of fungible for intraoperative neurophysiological monitoring.
By contrast, commodities such as gold and oil are fungible today largely because of the existence of markets that enable buyers and sellers to efficiently interact.
Contract notice: Supply of fungible material associated to equipment for ophthalmologic surgery of the anterior, posterior and combined segment,
Until October 2003, the transaction comprised a revolving period during which CIF Assets was entitled to acquire new portfolios either by using the monies collected in respect of the loans (this is an 'ordinary purchase' wherein the amount of the current portfolio owned by CIF Assets is brought back to its original amount) or by issuing new fungible units (this is an 'extraordinary purchase' wherein the original portfolio amount is exceeded).
Contract award notice: Acuerdo Marco con un nico empresario para el suministro del material de oficina fungible y no inventariable para los OOJJ de Mlaga.
The company said that the SGX-quoted ADRs are fully fungible with its US-listed ADRs and will be listed on the SGX GlobalQuote board under the trading code 'K3JD'.
Given the relatively modest regulatory capital requirements, SALIC's capital is highly fungible and available to support growth throughout the organization to meet regulatory capital requirements, collateral and liquidity needs.
480 (P), Mamlatdarwadi Extension Road, Navy Colony, Near Liberty Garden, Malad (W), Mumbai- 400 064 by utilising Plot FSI + TDR + Fungible Compensatory FSI as per M.