fungible

UK
/ˈfʌn.dʒə.bəl/
US
/ˈfʌn.dʒə.bəl/
fungibleadjective
more fungible
Comp.
most fungible
Super.
UK
/ˈfʌn.dʒə.bəl/
US
/ˈfʌn.dʒə.bəl/
Translations
The assets in the portfolio are fungible.
Активы в портфеле взаимозаменяемые.
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.
fungiblenoun
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'.
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
pl
Translations
взаимозаменяемые товары
Fungibles like oil and wheat are traded on global markets.
Взаимозаменяемые товары, такие как нефть и пшеница, торгуются на мировых рынках.
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.