Dictionary fungible

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August undefined, 2024

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 ... 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.”

Fungible financial definition of fungible

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 … 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 ... react xxx is missing in props validation

Fungible Definition & Meaning YourDictionary

WebSep 2, 2024 · How do you define fungible? Fungible’s meaning boils down to “the ability to be copied or replicated, and thus, interchangeable.” That means that fungible assets, such as the aforementioned U.S. dollar, have equal value to other dollars. 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. 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 … how to stop adverts on my ipad

Interim statement regarding the taxability of non-fungible tokens …

Fungible definition and meaning Collins English Dictionary

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 … 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. how to stop adverts on fire tabletWebfungible 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 … how to stop adverts on kindle fire

"WebDec 4, 2004 · fungible. 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 … " - Dictionary fungible

Dictionary fungible

What is NFT? Non-fungible tokens explained CNN Business

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 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 …

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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 ... 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 …

WebApr 18, 2024 · Fungible goods are items that are interchangeable because they are identical to each other for practical purposes. Commodities, common shares, options, … 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 …

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 … 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 …

WebApr 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, because, at a given point in...

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. how to stop adverts on my kindleWebApr 2, 2024 · fungible in British English (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 the nature or quality of fungibles 3. (of a commodity or asset) replaceable or interchangeable with another of the same type Collins English Dictionary. how to stop aer allotmentWebfungible 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 ... react y angularWebJan 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.) how to stop adverts on my laptop windows 11WebMar 30, 2024 · Adjective [ edit] fungible ( comparative more fungible, superlative most fungible ) ( finance and commerce) Able to be substituted for something of equal value … react y mysqlWebMany translated example sentences containing "fungible" – Spanish-English dictionary and search engine for Spanish translations. react y c#WebObligaciones relativas a los sistemas con un reactivo fungible. Obligations concerning systems using a consumable reagent. El dinero (esto es, los fondos) es fungible. Cash (i.e., the funds) is fungible. Adquisición de material fungible y consumibles. Purchase of expendable material and consumables. More examples. how to stop adware