Definition of Fungible. Meaning of Fungible. Synonyms of Fungible

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Definition of Fungible

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fungible things
Fungibles Fun"gi*bles, n. pl. [LL. (res) fungibiles, probably fr. L. fungi to discharge. ``A barbarous term, supposed to have originated in the use of the words functionem recipere in the Digeste.' Bouvier. ``Called fungibiles, quia una alterius vice fungitur.' John Taylor (1755). Cf. Function.] 1. (Civ. Law) Things which may be furnished or restored in kind, as distinguished from specific things; -- called also fungible things. --Burrill. 2. (Scots Law) Movable goods which may be valued by weight or measure, in contradistinction from those which must be judged of individually. --Jamieson.
Fungibles
Fungibles Fun"gi*bles, n. pl. [LL. (res) fungibiles, probably fr. L. fungi to discharge. ``A barbarous term, supposed to have originated in the use of the words functionem recipere in the Digeste.' Bouvier. ``Called fungibiles, quia una alterius vice fungitur.' John Taylor (1755). Cf. Function.] 1. (Civ. Law) Things which may be furnished or restored in kind, as distinguished from specific things; -- called also fungible things. --Burrill. 2. (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

- A non-fungible token (NFT) is a unique digital identifier that is recorded on a blockchain and is used to certify ownership and authenticity. It cannot...
- In economics and law, fungibility is the property of a good or a commodity whose individual units are essentially interchangeable. In legal terms, this...
- out for interest. Ethereum also allows users to create and exchange non-fungible tokens (NFTs), which are tokens that can be tied to unique digital ****ets...
- is no feedback the directed information equals the mutual information). Fungible information is the information for which the means of encoding is not important...
- Fungible Inc. is a technology company headquartered in Santa Clara, California. The company develops hardware and software to improve the performance,...
- This is a list of the highest known prices possibly paid for non-fungible tokens (NFTs) representing digital ****ets. Monetization of digital ****ets as...
- proof of stake. Despite the name, which has come to describe many of the fungible blockchain tokens that have been created, cryptocurrencies are not considered...
- ERC-721 Non-fungible Token Standard is a technical framework, defining a set of rules and interfaces for creating and managing unique, non-fungible tokens...
- recognized as the lead author of the landmark Ethereum paper ERC-721: Non-Fungible Token Standard, published in 2018. This paper is recognized for pioneering...
- create complex financial services. ICON allows for the creation of non-fungible tokens (NFTs). Since tokens of this type are unique, they have been used...