fungible definition

  • adjective:
    • Law Returnable or negotiable in type or by replacement, as a quantity of whole grain for an equal quantity of equivalent variety of grain.
    • Interchangeable.
    • capable of being replaced for some thing of equal price or utility; interchangeable, exchangeable, changeable.
    • of goods or commodities; freely exchangeable for or replaceable by another of like nature or sort within the satisfaction of an obligation
    • Law Returnable or negotiable in kind or by replacement, as a quantity of whole grain for the same level of the exact same sort of whole grain.
    • Interchangeable.
    • capable of being substituted for one thing of equal worth or utility; compatible, exchangeable, changeable.
    • of products or commodities; freely exchangeable for or replaceable by another of like nature or sort in satisfaction of an obligation
  • noun:
    • something which is exchangeable or substitutable. Usually found in the plural.
    • Any fungible item.
    • when you look at the civil law, a thing of these a nature that it can be changed by another of equal volume and high quality; a movable which might be believed by fat, quantity, or measure, as grain or cash.
    • a commodity which freely compatible with another in fulfilling an obligation
    • something which is exchangeable or substitutable. Usually utilized in the plural.
    • Any fungible product.
    • inside civil law, something of these a nature so it might be changed by another of equal volume and quality; a movable which might be predicted by weight, quantity, or measure, as grain or money.
    • a commodity that's freely compatible with another in satisfying an obligation
  • others:
    • Capable of being replaced by another in respect of function, company, or use.
    • Capable of being replaced by another according of function, workplace, or usage.

Related Sources

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