fungible - Meaning in Hindi
fungible - Meaning in Hindi
adjective
Definitions and Meaning of fungible in English
fungible adjective
- of goods or commodities; freely exchangeable for or replaceable by another of like nature or kind in the satisfaction of an obligation
fungible noun
- a commodity that is freely interchangeable with another in satisfying an obligation
Description
In economics and law, fungibility is the property of a good or a commodity whose individual units are essentially interchangeable. In legal terms, this affects how legal rights apply to such items. Fungible things can be substituted for each other; for example, a $100 bill (note) is considered entirely equivalent to twenty $5 bills (notes), and therefore a person who borrows $100 in the form of a $100 bill can repay the money with twenty $5 bills. There is no requirement to return the same $100 bill. Non-fungible items are not substitutable in the same manner.
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noun
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What is fungible meaning in Hindi?
The word or phrase fungible refers to of goods or commodities; freely exchangeable for or replaceable by another of like nature or kind in the satisfaction of an obligation, or a commodity that is freely interchangeable with another in satisfying an obligation. See fungible meaning in Hindi, fungible definition, translation and meaning of fungible in Hindi. Learn and practice the pronunciation of fungible. Find the answer of what is the meaning of fungible in Hindi. देखें fungible का हिन्दी मतलब, fungible का मीनिंग, fungible का हिन्दी अर्थ, fungible का हिन्दी अनुवाद।
Tags for the entry "fungible"
What is fungible meaning in Hindi, fungible translation in Hindi, fungible definition, pronunciations and examples of fungible in Hindi. fungible का हिन्दी मीनिंग, fungible का हिन्दी अर्थ, fungible का हिन्दी अनुवाद
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