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词汇 fungible
释义

Definition of fungible in English:

fungible

adjective ˈfʌn(d)ʒɪb(ə)lˈfəndʒəbəl
Law
  • (of goods contracted for without an individual specimen being specified) replaceable by another identical item; mutually interchangeable.

    〔律〕(未指定样品的约定货物)可与同样货物互相代替的;可互换的

    it is by no means the worlds only fungible commodity
    Example sentencesExamples
    • The solution was to provide legislatively for rights equivalent to co-ownership by customers of fungible securities held by the settlement systems.
    • We had a little bit of a blind spot in that we always thought that smartness was fungible into whatever needed to be done, because a few of our early employees were like that.
    • The Court reasoned that since money is fungible, government funding for secular purposes could be used by religious organizations for sectarian ends.
    • Law's statement is simply incredible to anyone who realizes that money is fungible and that insurance is not free.
    • Certainly, this appears to be the case for a country like Iran, where the major export is a largely fungible commodity that can be easily diverted to other markets.
    • For Enron, where everything was fungible, conservation made financial sense: The company could help its customers save energy, then resell those savings to someone else.
    • Not only is 20 percent of mortgage debt sold to foreign banks and other foreign buyers outright, but modern finance has made all liquid instruments de facto fungible.
    • The financial industry is clearly on the leading edge of moving toward e-commerce as a solution; and with fungible products such as insurance or money, it is a perfect e-commerce candidate.
    • But for the growing number of techies who toil at making products and services more user - friendly, job titles are more fungible - and more confusing.
    • Pure competition, as Schumpeter sees it, exists only in open markets for fungible commodity products.
    • Most evidence suggests that aid money is fungible - that is, that it goes into the pot of public funds and is spent on whatever the recipient wants to spend it on.
    • Sanctioned countries with exports that are fungible commodities and that are limited in supply (such as oil) feel very little effect from U.S. sanctions on their exports.
    • Money is fungible, and stopping them from transferring these funds would require a whole new micro-surveillance of wealth transfers in the world.
    • Green Tags function on the principle that electrical power is fungible - that is, one unit of it is identical in use to another, regardless of its source.
    • In defending such laws, the Administration argues that money is fungible, so support of a group's lawful activities will free up resources that can be spent on terrorism.
    • I know enough about the appropriations process to know that federal money isn't entirely fungible, but I think this is a valid question because of the enormous debt we have taken on in order to liberate Iraq.
    • The fungible funds bridge the budget deficit - the proceeds of divestment subsidise the profligacy of the Union government.
    • One that acknowledges that my candidate's speech is mine, that hard money is fungible with soft money, and thus that both should be regulated the same way.
    • Some would argue that this is both pedantic and unrealistic, since money is fungible and one £10 note is for all purposes the same as another.
    • In the media, television stations thousands of miles apart would hire fungible newscasters who looked and acted the same.

Derivatives

  • fungibility

  • nounfʌn(d)ʒɪˈbɪlɪtiˌfəndʒəˈbɪlədi
    Law
    • But Keynes and White also recognized that countries would have difficulties in making their controls on capital outflows fully effective because of the fungibility and mobility of money.
      Example sentencesExamples
      • For program lending, which fungibility made into budget support, conditionality was meaningless.
      • Some argue, however, that the threat from terrorist organizations abroad and the fungibility of money require adjustments to the constitutional prohibition on guilt by association.
      • It has multiple aspects, including the denial of autonomy and subjectivity and the ideas of ownership, fungibility (one is just like the others), and violability (it's all right to break the thing up or abuse it).
      • But the fact of fungibility suggests that aid-giving could be greatly simplified if most took the form of unconditional balance-of-payments support.
      • But there is no obstacle in principle to finding a trust, despite the fungibility of its subject matter, so long as the intention to create a trust is clear.
      • Ultimately, the fungibility of money, and the ubiquity of the state in providing services and setting ground rules, together mean that there is no such thing as a ‘mere’ decision not to subsidize an activity.
      • We know that a considerable amount of the excise tax does not go to the roading fund, and it is the fungibility of money that is the problem.
      • The variables or factors included in the function represent fungibility, perishability, substitutability, global market factors, and factors that help evade sanctions, respectively.
      • A proliferation of fuel specifications has been imposed on an inflexible distribution system, reducing the global and regional fungibility of refined oil products.

Origin

Late 17th century: from medieval Latin fungibilis, from fungi 'perform, enjoy', with the same sense as fungi vice 'serve in place of'.

Definition of fungible in US English:

fungible

adjectiveˈfənjəbəlˈfəndʒəbəl
Law
  • (of goods contracted for without an individual specimen being specified) able to replace or be replaced by another identical item; mutually interchangeable.

    〔律〕(未指定样品的约定货物)可与同样货物互相代替的;可互换的

    it is by no means the worlds only fungible commodity
    money is fungible—money that is raised for one purpose can easily be used for another
    Example sentencesExamples
    • Pure competition, as Schumpeter sees it, exists only in open markets for fungible commodity products.
    • Green Tags function on the principle that electrical power is fungible - that is, one unit of it is identical in use to another, regardless of its source.
    • Money is fungible, and stopping them from transferring these funds would require a whole new micro-surveillance of wealth transfers in the world.
    • Most evidence suggests that aid money is fungible - that is, that it goes into the pot of public funds and is spent on whatever the recipient wants to spend it on.
    • I know enough about the appropriations process to know that federal money isn't entirely fungible, but I think this is a valid question because of the enormous debt we have taken on in order to liberate Iraq.
    • In the media, television stations thousands of miles apart would hire fungible newscasters who looked and acted the same.
    • We had a little bit of a blind spot in that we always thought that smartness was fungible into whatever needed to be done, because a few of our early employees were like that.
    • Certainly, this appears to be the case for a country like Iran, where the major export is a largely fungible commodity that can be easily diverted to other markets.
    • Not only is 20 percent of mortgage debt sold to foreign banks and other foreign buyers outright, but modern finance has made all liquid instruments de facto fungible.
    • The solution was to provide legislatively for rights equivalent to co-ownership by customers of fungible securities held by the settlement systems.
    • For Enron, where everything was fungible, conservation made financial sense: The company could help its customers save energy, then resell those savings to someone else.
    • The fungible funds bridge the budget deficit - the proceeds of divestment subsidise the profligacy of the Union government.
    • The Court reasoned that since money is fungible, government funding for secular purposes could be used by religious organizations for sectarian ends.
    • The financial industry is clearly on the leading edge of moving toward e-commerce as a solution; and with fungible products such as insurance or money, it is a perfect e-commerce candidate.
    • Law's statement is simply incredible to anyone who realizes that money is fungible and that insurance is not free.
    • Sanctioned countries with exports that are fungible commodities and that are limited in supply (such as oil) feel very little effect from U.S. sanctions on their exports.
    • But for the growing number of techies who toil at making products and services more user - friendly, job titles are more fungible - and more confusing.
    • One that acknowledges that my candidate's speech is mine, that hard money is fungible with soft money, and thus that both should be regulated the same way.
    • In defending such laws, the Administration argues that money is fungible, so support of a group's lawful activities will free up resources that can be spent on terrorism.
    • Some would argue that this is both pedantic and unrealistic, since money is fungible and one £10 note is for all purposes the same as another.

Origin

Late 17th century: from medieval Latin fungibilis, from fungi ‘perform, enjoy’, with the same sense as fungi vice ‘serve in place of’.

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