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fungible

/ˈfʌn.dʒə.bəl/

fungibleadjective

more fungible

Comp.

most fungible

Super.

/ˈfʌn.dʒə.bəl/

Translations

fongibleTerme juridique et financier.

Cash is a fungible asset in most markets.

L'argent liquide est un actif fongible sur la plupart des marchés.

Definitions

Able to be replaced or exchanged with something of equal value or function.

In the financial market, cash is considered a fungible asset because it can be easily exchanged for goods or services.

Synonyms

interchangeable

substitutable

replaceable

fungiblenoun

fungibles

/ˈfʌndʒɪbəl/

/ˈfʌndʒəbəl/

Used mainly in legal and financial contexts to denote an interchangeable item; commonly appears in the plural form 'fungibles'.

Translations

fongibleEmploi substantivé, droit et commerce.

Wheat is treated as a fungible in commodity trade.

Le blé est traité comme un fongible dans le commerce des matières premières.

Definitions

An item or commodity that is interchangeable with others of the same kind.

In commodities law, wheat and crude oil are treated as fungibles.

Synonyms

replacement good

interchangeable unit

interchangeable item

replaceable asset

fungiblesnoun

fungible

fungibles

Translations

biens fongiblesTerme juridique et économique pour des biens interchangeables et consommables.

In the commodities market, oil and wheat are considered fungibles because they can be exchanged for other units of the same type.

Sur le marché des matières premières, le pétrole et le blé sont considérés comme des biens fongibles, car ils peuvent être échangés contre d’autres unités du même type.

Definitions

Items that are interchangeable with other items of the same kind and are consumed or used up in the process of their use.

In the commodities market, oil and wheat are considered fungibles because they can be exchanged for other units of the same type.

Synonyms