Pronunciation of fungible
WebThe “g” in fungible is pronounced like a “j” or like the “g” in “fudge,” though fungible things aren't always tasty. Fungible comes from a Latin phrase meaning “to serve in place of” …
Pronunciation of fungible
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WebFungible. When two or more things are inter-changeable, can be substituted for each other, or are of equal value, they are described as fungible. For example, shares of common stock issued by the same company are fungible at any point in time since they have the same value no matter who owns them. WebSep 2, 2024 · Fungible’s meaning boils down to “the ability to be copied or replicated, and thus, interchangeable.” That means that fungible assets, such as the aforementioned U.S. dollar, have equal value to other dollars. Again, one U.S. dollar is interchangeable with any other U.S. dollar or its composite parts (pennies, nickels, dimes, etc.).
WebMar 30, 2024 · Pronunciation [ edit] ( UK) IPA ( key): /ˈfʌndʒɪbəl/, /ˈfʌndʒɪbl/ Audio (UK) 0:02 Rhymes: -ɪbəl, -ɪbl Adjective [ edit] fungible ( comparative more fungible, superlative most fungible ) ( finance and commerce) Able to be substituted for something of equal value or utility. Synonyms: interchangeable, exchangeable, replaceable. Antonym: nonfungible WebFungible refers to items or commodities that can be exchanged with other assets or commodities of the same type. For example, currency is a fungible asset because it can be exchanged for other ...
WebBefore delving into what experts and leaders from the space said about the same, we need to know what exactly an NFT is- it is a unique digital identifier that one cannot copy and is recorded in a ... WebHow to pronounce fungible. How to say fungible. Listen to the audio pronunciation in the Cambridge English Dictionary. Learn more.
WebSep 16, 2011 · UK /ˈfʌndʒɪb (ə)l/. DEFINITIONS 1. 1. fungible goods can be replaced by others of the same sort. Oil is what is known as a fungible commodity. Because money is fungible, you cannot really direct a company to do any particular thing with cash it receives. This meaning is based on one submitted to the Open Dictionary by: Joe from Canada on ...
WebDec 15, 2015 · Definition: Maintains its value over time. Use: Can be spent or exchanged at a later date without penalty. Example: An ounce of gold could buy a toga in Roman times, yet it can still buy a nice suit today. In other words, money must meet be: Divisible: Can be divided into smaller units of value. Fungible: One unit is viewed as interchangeable ... cvpf02-02bWebSep 8, 2024 · According to an embodiment of the present disclosure, disclosed is a token management method performed by a computing device including a processor. The method may comprise the steps of: obtaining, from a blockchain network, share owner information and registration non-fungible token (NFT) information regarding NFT owned by a plurality … cvpf01-01aWebfun·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. n. … cvpf100WebHow to pronounce fungible adjective in American English. uk. / ˈfʌndʒəbl/. How to pronounce fungible noun in British English. us. How to pronounce fungible noun in … cheapest flights from dtw to hnlWebOct 24, 2024 · Non-fungible definition. The definition of a fungible asset is as follows: (especially of goods) being of such nature or kind as to be freely exchangeable or replaceable, in whole or in part, for ... cvpf300Webadjective Definition of fungible as in exchangeable capable of being substituted in place of one another since fruits and vegetables are regarded as fungible in this diet, you are … cv personal statement for care workerWebMay 7, 2024 · Fungibility is the ability of a good or asset to be readily interchanged for another of like kind. Like goods and assets that are not interchangeable, such as owned … cvpf900