Fungible


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Fungible

A description applied to items of which each unit is identical to every other unit, such as in the case of grain, oil, or flour.

Fungible goods are those that can readily be estimated and replaced according to weight, measure, and amount.

References in periodicals archive ?
Supply of fungible material -surgical coverings- for the institut d~assistncia sanitria de salt (girona).
Finally, after the 40th day of such date some transfer restrictions regarding the additional notes sold will terminate and the notes will become fungible with and will be mandatory exchanged to have the same CUSIP/ISIN numbers as the existing notes sold.
Each basket will be put together using specific rules, and all the rules will create fungible product, so that Basket Number One will be financially fungible with Basket Number Two and Basket Number 2,000," Keary said.
The tap certificates represent only the second fungible tap issuance of any previously issued Sukuk by an issuer in the United Arab Emirates to date.
3) The compensation is fully enforceable as provided by article 1617 paragraph 1 of the New Civil Code--as soon as there are two certain debts, liquid and due, irrespective of their origin, having as object an amount of money or a quantity of fungible goods of the same nature.
Three generalizations are permitted by the evidence: (i) aid finances government spending; (ii) the extent to which aid is fungible is over-stated and even where it is fungible this does not appear to make the aid less effective; (iii) there is no systematic effect of aid on tax effort.
DP World shares will also continue to trade under DP World's existing listing on Nasdaq Dubai with its shares being fully fungible across both exchanges.
No cow is too sacred and no soul is too fungible for Dilbert and his compatriots, in this mercilessly hilarious collection that makes the perfect gift for any co-worker with a wicked sense of humor.
Mike Dowling, president of LDH Energy Asset Holdings LLC, adds, "The addition of connectivity to Explorer positions LDH as a key element in the diluent supply chain to Canada as well as advances the fungible trading hub for refined products at our Mont Belvieu facility.
El mas utilizado en la zona tranquila suele ser bastante variado en funcion del tipo de centro; mientras el empleado en los publicos es habitualmente el no fungible movil (36'36%) y el fungible psicomotor (27'27%), en los privados se usan mas los no fungibles moviles (28'57%) y los fungibles alternativos (50'0%).
In a world of perfectly fungible digital goods, measuring the money supply may be an impossible dream.
A taxpayer using this method treats all goods inventoried under the LIFO method that fall within a pool as fungible.