fungible

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fun·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.

often fungibles Law Something that is fungible.

[Medieval Latin fungibilis, from Latin fungī (vice), to perform (in place of).]

fun′gi·bil′i·ty n.

American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

fungible

(ˈfʌndʒɪbəl) law

(Law) (often plural) moveable perishable goods of a sort that may be estimated by number or weight, such as grain, wine, etc

adj

(Law) having the nature or quality of fungibles

[C18: from Medieval Latin fungibilis, from Latin fungī to perform; see function]

ˌfungiˈbility n

Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

fun•gi•ble

(ˈfʌn dʒə bəl)

adj.

(of goods) exchangeable or replaceable, in whole or in part, for another of like nature or kind.

[1755–65; < Medieval Latin fungibilis, derivative of Latin fung(ī) to perform the office of]

fun`gi•bil′i•ty, n.

fungible

- Interchangeable, returnable, or easily replaced.

See also related terms for interchangeable.

ThesaurusAntonymsRelated WordsSynonymsLegend:

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Noun	1.	fungible - a commodity that is freely interchangeable with another in satisfying an obligation commodity, trade good, good - articles of commerce
Adj.	1.	fungible - of goods or commodities; freely exchangeable for or replaceable by another of like nature or kind in the satisfaction of an obligation law, jurisprudence - the collection of rules imposed by authority; "civilization presupposes respect for the law"; "the great problem for jurisprudence to allow freedom while enforcing order" exchangeable - suitable to be exchanged

Translations

fungibile

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References in periodicals archive ?

The facility is fungible with JPJ's existing term loan, which matures in December 2024 and has a price of EURIBOR plus 4.25% a year.

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Harmony helps businesses build marketplaces of fungible tokens (such as energy credits and loyalty points) and non-fungible assets (such as game collectibles and real estate).

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The Shanghai-London Stock Connect program is a two-way depository receipts program that allows eligible listed companies in Shanghai Stock Exchange and London Stock Exchange to list depository receipts overseas which are backed by and fungible with issuers' shares listed in their home markets.

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It is mainly made up of fungible treasury bonds (60%) and treasury deposits (29%).

Tunisia's public debt stands at 69.5% of GDP by late November 2017 (ministry)

Domestic debt (19.19 billion dinars) consists mainly of fungible Treasury bills (64%) and deposits in the TGT (28%).

Tunisia: debt ratio rises to 66.9% of GDP

"Right, but they get a lot of money and, you know, money's fungible and it effectively floats these organizations which then use other money," said Ryan.

Nailed it: Paul Ryan's perfect answer to why planned parenthood should be defunded

This money, which supports the PA budget, is fungible to meet payments for imprisoned and released (terrorists.)" Seventy-eight of the 104 convicted (terrorists) who Israel released as part of the deal that led to the PLO agreeing to restart negotiations in July receive monthly stipends of up to $3,500, and grants of up to $25,000, the document said.

Israel mulls withholding funds from PA equaling amount paid each month to prisoners

"Single tenant leases that are triple net and leased by a credit worthy tenant such as Walgreens are extremely appealing and very fungible, much more so than typical commercial real estate," said Paul V.

Fund spends $60m on Walgreens: Inland Real Estate

The tap certificates form part of and are fungible with the two pre-existing tranches of: AED 3.8 billion certificates issued by Nakheel to trade creditors on 25 August 2011; and (ii) the first tap issuance of AED 227.4 million certificates issued by Nakheel to trade creditors on 25 April 2012.

Clifford Chance advises Nakheel on third tranche of trade creditor Sukuk

The additional senior notes are fungible with Telesat's previously issued 6.0% senior notes due 2017 and form a single class under the indenture, dated May 14, 2012 (the "Indenture).

-Telesat Canada closes private placement of 6.0% senior notes

Fungible goods (1) are those that can substitute each other in performing an obligation; they can substitute each other in payments and reimbursements (money, cigarettes, food, etc).