- 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
- 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 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
- 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
- Understanding Fungibility in Finance and Its Importance
Fungibility refers to the ability of an asset to be exchanged effortlessly with another item of the same kind and value Money is a prime example of a fungible asset, which can be exchanged
- 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 adjective - Definition, pictures, pronunciation and usage . . .
Definition of fungible adjective in Oxford Advanced Learner's Dictionary Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more
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