WebDec 4, 2004 · 1: (adj) Of goods or commodities; freely exchangeable for or replaceable by another of like nature or kind in the satisfaction of an obligation 2: (n) A commodity that is freely interchangeable with another in satisfying an obligation 3: (n)(Slang) Items which are simultaneously the product of fungal growth--typically bluish, small and phallic in … WebMar 17, 2024 · Non-fungible tokens, or NFTs, are the latest cryptocurrency phenomenon to go mainstream. And after Christie's auction house sold the first-ever NFT artwork — a …
Interim statement regarding the taxability of non-fungible tokens …
WebFeb 25, 2024 · According to Dictionary, the word fungible is an adjective that means by law returnable or freely exchangeable with something else of the same kind. This word is often used in law. The word fungible is three syllables (fun-gi-ble), and the pronunciation of fungible is fuhn-juh-buhl. The word fungible is often heard with the prefix non to form ... WebSep 2, 2024 · How do you define fungible? 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. or716
fungible translation to Mandarin Chinese: Cambridge Dict.
WebApr 2, 2024 · fungible in British English (ˈfʌndʒɪbəl ) law noun 1. (often plural) moveable perishable goods of a sort that may be estimated by number or weight, such as grain, wine, etc adjective 2. having the nature or quality of fungibles 3. (of a commodity or asset) replaceable or interchangeable with another of the same type Collins English Dictionary. Webfungible adj. (law: able to be traded or exchanged) fungible adj mf. canjeable adj mf. intercambiable adj mf. Money given to charities is fungible and can be used for any purpose related to the organization's needs. El dinero que se le da a la beneficencia es fungible y puede ser usado para cualquier propósito relacionado con las necesidades ... Webnoun. : something that is fungible (see fungible entry 1 sense 1) : a good one part or quantity of which can be substituted for another of equal value in satisfying an … or7432