In recent times, fungible tokens has become increasingly relevant in various contexts. 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.
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.. What Does Fungibility Mean?
Key Points Fungible items can be swapped as they hold identical value, e.g., currency and stocks. Non-fungible items have unique traits, giving them varying values, such as real estate. Equally important, definition and examples - Market Business News. Something is fungible if one unit of that product is substantially equivalent to another unit of the same product that has the same quality at a specific time and place. Understanding Fungibility in Finance and Its Importance.
Fungibility refers to the ability of an asset to be exchanged effortlessly with another item of the same kind and value. Money is a prime example of a fungible asset, which can be exchanged... FUNGIBLE | English meaning - Cambridge Dictionary. FUNGIBLE definition: 1.
In relation to this, easy to exchange or trade for something else of the same type and value: 2. easy to exchange or…. Additionally, fUNGIBLE definition and meaning | Collins English Dictionary. Definition of 'fungible' fungible in British English (ˈfʌndʒɪbəl ) law noun
fungible adjective - Definition, pictures, pronunciation and usage .... Definition of fungible adjective in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. meanings, etymology and more | Oxford English .... There are two meanings listed in OED's entry for the word fungible. See ‘Meaning & use’ for definitions, usage, and quotation evidence.
OED's earliest evidence for fungible is from 1649, in the writing of Anthony Ascham, diplomat and pamphleteer.
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