fungible Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “fungible” in the English Dictionary

"fungible" in British English

See all translations
(Definition of fungible from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"fungible" in Business English

See all translations

fungibleadjective

uk   us   /ˈfʌndʒəbl/
COMMERCE, LAW fungible ​goods are ​easy to ​exchange for others of the same ​type and ​value: Technological ​advances have given ​gas the ​potential to be a fungible ​globalcommodity like ​oil.
FINANCE, LAW fungible ​shares, ​bonds, etc. are ​easy to ​trade for others of the same ​type and ​value : fungible ​assets
Compare

fungiblenoun [C]

uk   us   /ˈfʌndʒəbl/
COMMERCE, FINANCE, LAW something such as a ​currency, ​share, or ​goods, that can easily be ​exchanged for others of the same ​value and ​type: Several million ​dollars of fungibles were ​illicitlymoved from the ​bank.
fungibility
noun [U]
Cash has the ​advantage of fungibility.
(Definition of fungible from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of fungible?
Add Cambridge dictionaries to your browser to your website

“fungible” in Business English

More meanings of “fungible”

There, their and they’re – which one should you use?
There, their and they’re – which one should you use?
by ,
April 27, 2016
by Liz Walter If you are a learner of English and you are confused about the words there, their and they’re, let me reassure you: many, many people with English as their first language share your problem! You only have to take a look at the ‘comments’ sections on the website of, for example, a popular

Read More 

Word of the Day

nutty

containing, tasting of, or similar to nuts

Word of the Day

bio-banding noun
bio-banding noun
April 25, 2016
in sport, grouping children according to their physical maturity rather than their age ‘When we’re grouping children for sports, we do it by age groups, but the problem is that, within those age groups, we get huge variations in biological age,’ said Dr Sean Cumming, senior lecturer at the University of Bath’s department for

Read More