Fungible - Law Dictionary Search Results

Home Dictionary Name: fungible

fungible

fungible new latin fungibilis from latin fungi to perform being something

fungible goods see good

restored in kind as distinguished from specific things called also fungible things

1 that in both a sum of money or some fungible things are required 2 that in both there must be

mutual obligations between two people for money or quantities of fungible things usually by operation of law but sometimes by an

last and are used for a number of years durables fungible goods goods of which any unit is by nature or

horses cows oxen farming utensils etc but do not include fungibles scots law

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