Fungibility definition
Webfungible noun [ C ] uk / ˈfʌndʒəbl / us COMMERCE, FINANCE, LAW something such as a currency, share, or goods, that can easily be exchanged for others of the same value … WebApr 2, 2024 · 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 …
Fungibility definition
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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 … 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 collage of images by digital ...
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 ... WebMar 3, 2024 · Fungible assets are helpful in stable economies because they simplify the exchange and trade processes, as fungibility implies equal value between assets. Fungibility refers to non-distinguished ...
WebMay 26, 2024 · After reading this article so many years ago, I learned a new workplace term that they’re using over at IBM. "Fungible" is a word used to describe workers who are “virtually indistinguishable from others” in terms of the value of their contributions in the workplace. You see, IBM’s study is enabling them to identify top performers from ... Webfungible noun [ C ] uk / ˈfʌndʒəbl / us COMMERCE, FINANCE, LAW something such as a currency, share, or goods, that can easily be exchanged for others of the same value and type: Several million dollars of fungibles were illicitly moved from the bank. fungibility noun [ U ] Cash has the advantage of fungibility.
WebMar 13, 2024 · Fungibility refers to the interchangeability of an asset. Anything fungible is replaceable with something that is of an equal value. For simplicity, associate fungible …
WebApr 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. safety shower requirement oshaWebfungible / ( ˈfʌndʒɪbəl) law / noun (often plural) moveable perishable goods of a sort that may be estimated by number or weight, such as grain, wine, etc adjective having the … safety showers and eyewash stationsWebThe meaning of NFT is non-fungible token. How to use NFT in a sentence. The NFT of NFT the y chromosome is in the eggWebDec 31, 2024 · A Definition of the Word “Fungible” Merriam Webster defines “fungible” as “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.” they circle worldsWebOct 24, 2024 · The definition of a fungible asset is as follows: (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... they chuckled when she walked on stageWebfun·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. … they circle worlds clueWebFungibility is the interchangeable nature of something, like the fungibility of money — you can trade a ten dollar bill for two fives, and you've still got the same amount of cash. The … they circle worlds crossword