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fungible
UK
/ˈfʌn.dʒə.bəl/
US
/ˈfʌn.dʒə.bəl/
Translations
fungibles
pl
UK
/ˈfʌndʒɪbəl/
US
/ˈfʌndʒəbəl/
Used mainly in legal and financial contexts to denote an interchangeable item; commonly appears in the plural form 'fungibles'.
Synonyms
replacement good
interchangeable unit
interchangeable item
replaceable asset
more fungible
Comp.
most fungible
Super.
UK
/ˈfʌn.dʒə.bəl/
US
/ˈfʌn.dʒə.bəl/
The assets in the portfolio are fungible.
Активы в портфеле взаимозаменяемые.
fungible
fungibles
pl
Fungibles like oil and wheat are traded on global markets.
Взаимозаменяемые товары, такие как нефть и пшеница, торгуются на мировых рынках.
Definitions
In commodities law, wheat and crude oil are treated as fungibles.
In the financial market, cash is considered a fungible asset because it can be easily exchanged for goods or services.
In the commodities market, oil and wheat are considered fungibles because they can be exchanged for other units of the same type.