WebOct 24, 2024 · Non-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.”. “Fungibility is the ability of a good or asset to be interchanged with other individual goods or assets of the same type. WebFungible. 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 …
Fungibility financial definition of Fungibility
WebSep 2, 2024 · So, one definition of fungibility would be units that are effectively identical in terms of their attributes such that one can be exchanged for the other with no loss of value. Most of the types of … WebFungibility. The state of being interchangeable. For example, money has fungibility because there is no difference between one dollar and another dollar. Likewise, stocks of the same type in the same company and commodities of the same quality are generally fungible. On the other hand, assets like land or baseball cards are not fungible because ... dptとは ビジネス
7 Synonyms & Antonyms of FUNGIBLE - Merriam Webster
Webfungible: 1 adj of goods or commodities; freely exchangeable for or replaceable by another of like nature or kind in the satisfaction of an obligation Synonyms: exchangeable suitable to be exchanged n a commodity that is freely interchangeable with another in satisfying an obligation Type of: commodity , good , trade good articles of commerce WebDec 27, 2024 · Here, Scott draws on the long history of “fungibility” as an important term in Afro-pessimism and theorising redress. “Fungibility” is commonly used in legal and economic terms to refer to an essentially exchangeable commodity; conversely, non-fungible means something that is not exchangeable. For instance, my NFT is unique … WebJul 31, 2024 · Fungibility is a property that makes something interchangeable. If an item is fungible, you can exchange it for a different unit of that same item with little noticeable difference. Where it came from or who made it doesn’t make a real difference for the item’s quality or utility. One of the best examples of fungibility is money. dptとは 医療