Law,Commerce.(especially of goods) being of such nature or kind as to be freely exchangeable or replaceable, in whole or in part, for another of like nature or kind:Appliances are usually fungible—that is, they can be replaced with cash or a similar item of equal value. ...
Definition of Fungible in the Legal Dictionary - by Free online English dictionary and encyclopedia. What is Fungible? Meaning of Fungible as a legal term. What does Fungible mean in law?
(Scots Law) Movable goods which may be valued by weight or measure, in contradistinction from those which must be judged of individually. --Jamieson. Meaning of Fungible from wikipedia - In economics and law, fungibility is the property of a good or a commodity whose individual units are ...
Definition of fungible things in the Legal Dictionary - by Free online English dictionary and encyclopedia. What is fungible things? Meaning of fungible things as a legal term. What does fungible things mean in law?
*bhrug- *bhrūg-, Proto-Indo-European root meaning "to enjoy," with derivatives referring to agricultural products. It forms all or part of:brook(v.) "to endure;"defunct;fructify;fructose;frugal;fruit;fruitcake;fruitful;fruition;fruitless;frumentaceous;function;fungible;perfunctory;tutti-frutti;...
Supplier Materials has the meaning set out in clause 8.1(g); Contractor Materials means Materials owned or developed prior to the provision of the Work, or developed by Contractor independently from the provision of the Work and without use of the Court Materials or Confidential Information. Biolog...
Fungibility is the ability of an asset to be exchanged for another asset of the exact same type. For example a $5 bill is fungible with all other $5 bills. They represent the same value. But the Oppenheimer Diamond, for example, is non-fungible – meaning only one real, unique version...
The government will soon need to start creating growth to placate its plebeian comrades, meaning it is about time for the PBOC to adjust its monetary policy and weaken the CNY vs. the JPY and USD. The weaker CNY will help boost Chinese exports at the expense of their Japanese competitors....
sales. The books themselves will be tokenized and stored in readers’ wallets, giving them full ownership, including resale ability, though the author will receive part of the proceeds each time their book is resold, meaning that the development of a secondary market won’t hit the author too...
Blockchain is immutable, meaning that the owners of the NFT can prove that they are the original creators of a particular piece of work at any given time. Similar benefits apply to patents. NFTs can be used to protect and prove ownership of innovations or inventions. NFTs can also pro...