FUNGIBLE Definition Meaning - Merriam-Webster The meaning of FUNGIBLE is 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
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 In practice, fungibility greatly facilitates liquidity
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 See examples of FUNGIBLE used in a sentence
Fungibility: What It Means and Why It Matters - Investopedia Fungibility is the ability of a good or asset to be readily interchanged for another of like kind Goods and assets such as cars and houses that aren't interchangeable are non-fungible Money
What is fungible? Definition and examples - Market Business News Fungible (adjective) Able to replace or be replaced by another identical item; mutually interchangeable Example : “Gold is considered a fungible commodity because each unit is equivalent to another ”
Fungible - Definition, Meaning Synonyms - Vocabulary. com The “g” in fungible is pronounced like a “j” or like the “g” in “fudge,” though fungible things aren't always tasty Fungible comes from a Latin phrase meaning “to serve in place of” and that's what something that's fungible does: serves in place of what it's exchanged for
fungible - Wiktionary, the free dictionary fungible (comparative more fungible, superlative most fungible) (originally finance and commerce) Able to be substituted for something of equal value or utility Synonyms: interchangeable, exchangeable, replaceable