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fungible::noun | Spocien Dictionary
| Type | Words |
|---|---|
| Type of | commodity, good, trade good |
fungible::adjective | Spocien Dictionary
| Type | Words |
|---|---|
| Derivation | fungibility |
Examples of fungible
fungible
The idea here is that groups are fungible and they change every night you go out.
From the techcrunch.com
Reports recur of fungible humanitarian aid being diverted to military purposes.
From the post-gazette.com
But now it seems as if those fixed roles are more fungible than we ever imagined.
From the guardian.co.uk
Because oil is a fungible commodity, shortages anywhere affect prices everywhere.
From the theatlantic.com
The industry's heavyweights, too, are working to make computing more fungible.
From the economist.com
That's hardly a shocking trait in Washington, a beehive of fungible credit-taking.
From the sacbee.com
Most investors prefer their money to be in cash than in less fungible investments.
From the en.wikipedia.org
And since all money is fungible, all of these companies'funds are public funds now.
From the avc.com
At this point, the argument that all money is fungible is far from decisive.
From the roomfordebate.blogs.nytimes.com
- Of goods or commodities; freely exchangeable for or replaceable by another of like nature or kind in the satisfaction of an obligation
- (fungibility) exchangeability: the quality of being capable of exchange or interchange
- Fungibility is the property of a good or a commodity whose individual units are capable of mutual substitution. Examples of highly fungible commodities are crude oil, wheat, orange juice, precious metals, and currencies.
- Able to be substituted for something of equal value or utility; interchangeable, exchangeable
- (Fungibles) Assets which can be measured and replaced by equal quantities of the same, such as cash and precious metals.
- (Fungibles) Goods which are comprised of many identical parts such as a bushel of grain or a barrel of apples or oil, and which can be easily replaced by other, identical goods. If the goods are sold by weight or number, this is a good sign that they are fungible.
- (Fungibility) The characteristic of interchangeability. Futures contracts for the same commodity and delivery month are fungible due to their standardized specifications for quality, quantity, delivery date and delivery locations.
- (Fungibility) Possibility to exchange different types of reduction credits achieved under different mechanism (e.g. ERUs on AAUs etc.).
- (Fungibility) Fungible securities are securities that can be easily bought and sold at an individual level. The stock exchange is a market for fungible goods.
