Definition of Fungibles. Meaning of Fungibles. Synonyms of Fungibles
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Definition of Fungibles
Fungibles Fungibles Fun"gi*bles, n. pl. [LL. (res) fungibiles, probably
fr. L. fungi to discharge. ``A barbarous term, supposed to
have originated in the use of the words functionem recipere
in the Digeste.' Bouvier. ``Called fungibiles, quia una
alterius vice fungitur.' John Taylor (1755). Cf.
Function.]
1. (Civ. Law) Things which may be furnished or restored in
kind, as distinguished from specific things; -- called
also fungible things. --Burrill.
2. (Scots Law) Movable goods which may be valued by weight or
measure, in contradistinction from those which must be
judged of individually. --Jamieson.