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If something is fungible it can be broken into pieces without losing much of its value. Something is fungible or it is not. Gold can be melted down and split into smaller bars with no loss of value, therefor it is fungible. Gasoline is fungible, you can sell two half gallons for the same price as a single gallon. A race horse is not fungible. An iPod is not fungible. A rare coin is not fungible. You're not fungible.
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Use reassuring in a sentence?
The sentence, Janet thought Sean's answer was very reassuring, is an example of how to use reassuring in a sentence.
How do use deciduous in a sentence?
Apple trees are deciduous.
How do you use unhurt in a sentence?
Thankfully, we are all unhurt.
Use meniscus in a sentence?
The best sentence to use the word meniscus in is in a science sentence. You could say the meniscus of the liquid reads at 2 centiliters.
Use synthetic in a sentence?
You use synthetic in a sentence... why do you have to make ME do all the work!?
What is the difference between fungible and non fungible goods?
Fungible goods are items that can be exchanged or replaced with others of the same kind and value, such as currency or stocks, where each unit is identical and holds the same value. Non-fungible goods, on the other hand, are unique and cannot be exchanged on a one-to-one basis, as they possess distinct characteristics, like art pieces, real estate, or collectibles. Essentially, fungible goods are interchangeable, while non-fungible goods are not.
What is fungible?
Production of rice.
Does fungible mean interchangeable?
Yes it does
What is in example of fungible good?
potatoe
What is the purpose of a supply schedule?
what is a fungible good
What is example of fungible good in economics?
potatoe
Is the best example of a fungible good apex?
Potatoes
Why are NFTs (non-fungible tokens) trending?
greed
What does fungible fsi mean?
"Fungible FSI" refers to fungible Floor Space Index, a planning tool that allows for the transfer of development rights. It means that the additional floor area that can be unlocked through this mechanism can be used interchangeably across properties within a defined region, providing flexibility in urban development.
Is work the best example of a fungible good?
Work is not typically considered a fungible good. Fungible goods are items that can be exchanged or replaced with one another without loss of value, like currency or commodities. While labor can be exchanged for wages, the quality and nature of work can vary greatly among individuals and roles, making it less interchangeable than classic fungible goods. Thus, the uniqueness of skills and contributions in work settings distinguishes it from true fungibility.
What is fungible mean in Term of financial?
If an asset is fungible, then all that means is it has the same terms, conditions, and rights as other assets in the same pool. Hence, one asset can be substituted or exchanged for another asset freely. Eg, the additional issue of ordinary shares of a company are fungible to the ordinary shares that are currently issued in the market.
What are the examples of a fungible goods?
Fungible goods are items that are interchangeable and have values that are equivalent, making them easily replaceable. Examples include currencies like the US dollar, commodities such as oil or gold, and goods like stocks or bonds. Since each unit of these items can be substituted for another without losing value, they are considered fungible.
