Fungible things meaning
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 … WebMay 26, 2024 · "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 average ones, with the latter being fungible—and I would assume that translates into expendable as well.
Fungible things meaning
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WebMar 30, 2024 · fungible ( comparative more fungible, superlative most fungible ) ( finance and commerce) Able to be substituted for something of equal value or utility. Synonyms: interchangeable, exchangeable, replaceable. Antonym: nonfungible. WebJun 17, 2024 · Fiat money trade is one of the best examples of fungibility as the value of a currency remains the same everywhere. Also, it does not matter what denomination it is, which series it belongs to, or where it comes from as long as the value is equivalent to the other. It means a $10 bill will have the same value in every bank or every transaction ...
WebJul 22, 2024 · Fungible, with its precise definition “ (especially of goods) of such a kind as to be freely exchangeable or replaceable for another of similar kind,” is pretty much restricted to law and finance. However the term is also used with a more general meaning of “interchangeable.” WebFungible. When two or more things are inter-changeable, can be substituted for each other, or are of equal value, they are described as fungible. For example, shares of common stock issued by the same company are fungible at any point in time since they have the same value no matter who owns them.
Webfun·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. … Webfungible things n. sometimes merely called "fungibles" they are goods which are interchangeable, often sold or delivered in bulk, since any one or load is as good as another. Grain or gravel are fungibles, as are securities which are identical. Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved.
WebIn economics, fungibility is the property of a good or a commodity whose individual units are essentially interchangeable, and each of whose parts are indistinguishable from any …
WebMar 6, 2024 · Nonfungible, meaning you can't exchange it for another thing of equal value. A $10 bill can be exchanged for two $5 bills. One bar of gold can be swapped for another … lc411-4pk ヨドバシWebNonfungible means a characteristic of a digital asset which makes the asset unique and not commercially interchangeable with digital assets of the same kind for monetary, commercial or other intrinsic reasons; Sample 1 Sample 2 Sample 3 Based on 4 documents Examples of Nonfungible in a sentence lc 667crpフクダ電子WebNov 23, 2003 · Fungible goods refer to securities, or other items, that are equivalent or consist of many identical parts such that, for practical … lc 767crpフクダWebApr 8, 2024 · Meaning that there is no resistance for new participants to join. This can be understood particularly well through the fact that tokenized assets can be transferred easily and within seconds from ... afiliarse a famisanarWebFungible 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 estimated and replaced according to weight, measure, and amount. West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. lc50w35 電源ランプ点滅WebDefinition and examples Examples of fungible. Examples of fungible goods include oil, bonds, gold and other precious metals, money, and unopened... Fungilibity vs. liquidity. Fungibility is not the same as … lc630 ユニパルス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. afiliarse al bcr