- FUNGIBLE Definition Meaning - Merriam-Webster
Something described as fungible can be exchanged for something else of the same kind For example, when we say “oil is a fungible commodity,” we mean that when a purchaser is expecting a delivery of oil, any oil of the stipulated quantity and quality will usually do
- FUNGIBLE Definition Meaning | Dictionary. com
Fungible 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
- Fungibility - Wikipedia
A good is fungible if one unit of the good is equivalent to another unit of the same good, whereas a good is said to be liquid if it can be easily exchanged for money or a different good
- FUNGIBLE | English meaning - Cambridge Dictionary
FUNGIBLE definition: 1 easy to exchange or trade for something else of the same type and value: 2 easy to exchange or… Learn more
- Fungible Goods Explained: Definition, Examples, and Trading Insights
Fungible goods are interchangeable items because they are identical for practical purposes Common examples of fungible goods include commodities, common shares, options, and dollar bills
- fungible, adj. n. meanings, etymology and more | Oxford English . . .
There are two meanings listed in OED's entry for the word fungible See ‘Meaning use’ for definitions, usage, and quotation evidence OED's earliest evidence for fungible is from 1649, in the writing of Anthony Ascham, diplomat and pamphleteer
- Fungible - definition of fungible by The Free Dictionary
fungible - Interchangeable, returnable, or easily replaced See also related terms for interchangeable Farlex Trivia Dictionary © 2012 Farlex, Inc All rights reserved
- fungible - Wiktionary, the free dictionary
Gold is fungible Silver is fungible; that is, these metals are both so homogeneous that, if I get a pound of pure gold, for example, it is indifferent to me whether it be this pound or that pound, one is as good as another
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