WebJul 1, 2012 · Article 543 (1) of the New Civil Code states that goods are classified in fungible and non-fungible. Fungible goods are determined by numbering, measuring or weighing, so that they can be replaced by other goods in performing an obligation [Article 543 (2)]. Based on a legal act a fungible good by its own nature can be considered non … Webfun·gi·ble (fŭn′jə-bəl) adj. 1. Law Returnable or negotiable in kind or by substitution, as a quantity of grain for an equal amount of the same kind of grain. 2. Interchangeable. n. often fungibles Law Something that is fungible. [Medieval Latin fungibilis, from Latin fungī (vice), to perform (in place of).] fun′gi·bil′i·ty n. American ...
Fungible - definition of fungible by The Free Dictionary
WebApr 10, 2024 · NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of LivePerson ... WebFeb 25, 2024 · According to Dictionary, the word fungible is an adjective that means by law returnable or freely exchangeable with something else of the same kind. This word is often used in law. The word fungible is three syllables (fun-gi-ble), and the pronunciation of fungible is fuhn-juh-buhl. The word fungible is often heard with the prefix non to form ... flex realty wivenhoe
Fungibility - definition of fungibility by The Free Dictionary
WebFungible. 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 … WebFungible 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. West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. WebNon-fungible Token Global Market Report 2024 Major players in the non-fungible token (NFT) market are SemiDot Infotech, Blockchain App Factory, Cinedigm… chelsea spears worth