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 ?
75% coupon and GDP growth-linked warrants for 25% of the nominal, which are fungible with warrants issued for the sovereign operation.
euro] Benchmark immediately fungible with outstanding EU000A1ZR7H3 (Tefra C), Rating Aaa/AA+/AAA/AAA, listing Luxembourg, denoms 1k, maturity October 2029
ICON Capital Reserve SA ("ICON") the Panama based financial services company behind AUREALS(TM), a crypto-currency fungible with physical gold, is pleased to announce that its common shares have been admitted to trade on First Quote of GXG Markets in Europe (http://www.
This money, which supports the PA budget, is fungible to meet payments for imprisoned and released (terrorists.
It is often said that oil is a fungible resource, meaning that it can be exchanged on world markets readily.
Doerfinger's argument here makes sense only if you buy into the idea that "money is fungible," and consequently, any subsidy that helps pay for a plan frees up money to pay for abortion coverage.
Single tenant leases that are triple net and leased by a credit worthy tenant such as Walgreens are extremely appealing and very fungible, much more so than typical commercial real estate," said Paul V.
The tap certificates form part of and are fungible with the two pre-existing tranches of: AED 3.
The additional senior notes are fungible with Telesat's previously issued 6.
There are legitimate concerns about how aid is used and whether it is fungible, but there is very little evidence that these present a challenge to aid effectiveness, at least in fiscal terms.
For, you see, the important thing about crude oil is that it is fungible.
DP World shares will also continue to trade under DP World's existing listing on Nasdaq Dubai with its shares being fully fungible across both exchanges.