FUNGIBLES

Noun

fungibles

plural of fungible

Source: Wiktionary


Fun"gi*bles, n. pl. Etym: [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)

Definition: Things which may be furnished or restored in kind, as distinguished from specific things; -- called also fungible things. Burrill.

2. (Scots Law)

Definition: Movable goods which may be valued by weight or measure, in contradistinction from those which must be judged of individually. Jamieson.

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

14 November 2024

FRISK

(noun) the act of searching someone for concealed weapons or illegal drugs; “he gave the suspect a quick frisk”


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Coffee Trivia

According to Guinness World Records, the most massive cup of coffee contained 22,739.14 liters and was created by Alcaldía Municipal de Chinchiná (Colombia) at Parque de Bolívar, Chinchiná, Caldas, Colombia, on 15 June 2019. Fifty people worked for more than a month to build this giant cup. The drink prepared was Arabic coffee.

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