Fungible: A Trading Term Definition - The Balance.
Definition: A perfectly elastic demand curve is represented by a straight horizontal line and shows that the market demand for a product is directly tied to the price. In fact, the demand is infinite at a specific price. Thus, a change in price would eliminate all demand for the product. 1. Are stocks fungible? A financial instrument (such as a stock, bond or futures contract) is considered.
Fungible creates hardware and software platforms for data centers. The company's mission is a chip responsible for data movement. This chip is low latency, high throughput, and highly programmable. Its founders have a track record leading and impacting the networking, silicon and software industries. The company is based in Santa Clara, California and was founded on 2015. Read More Unlock.
Fungibility is a feature of a commodity or a good, which, if possessed, means that the units of the particular good or commodity are interchangeable. For example, consider a dollar bill. There is an extremely large amount of dollar bills in circulation, yet every single dollar bill has the same worth: one dollar. Every dollar bill is interchangeable with any other, and they will all purchase.
Fungibility definition, (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. See more.
Those things one specimen of which is as good as another, as is the case with half-crowns, or pounds of rice of the same quality. Horses, slaves, and so forth, are non-fungible things, because they differ individually in value, and cannot be exchanged indifferently one for another. Holl. Jur. 88.
Law's statement is simply incredible to anyone who realizes that money is fungible and that insurance is not free.: Money is fungible, and stopping them from transferring these funds would require a whole new micro-surveillance of wealth transfers in the world.: Many poets seem threatened by the apparently easily appropriated and fungible modes of prose and prosaic rationality.
Definition and synonyms of fungible from the online English dictionary from Macmillan Education. This is the British English definition of fungible.View American English definition of fungible. Change your default dictionary to American English. View the pronunciation for fungible. Thesaurus Trending Words. I couldn’t agree more. 194.9%. put off-7.1%. never ever. NEW. take on-0.2%. in play.