fungibility Synonyms
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No Strong synonyms found.
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No strong antonyms found.
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No Weak antonyms found.
fungibility Meaning
fungibility (n)
the quality of being capable of exchange or interchange
fungibility Sentence Examples
- Gold is highly fungible, making it an ideal asset for trading and investment.
- Cryptocurrency's fungibility allows users to exchange units of equal value without concern for their origin.
- The fungibility of commodities facilitates the efficient allocation of resources across markets.
- Due to its fungibility, bitcoin can be easily transferred between wallets and exchanges.
- The fungibility of stocks enables investors to sell shares without worrying about specific ownership details.
- NFTs challenge the concept of fungibility by introducing unique and non-interchangeable assets.
- Fungibility is essential for maintaining liquidity in financial markets.
- The fungibility of water resources allows for the efficient distribution and allocation of water supplies.
- The fungibility of certain assets, such as raw materials, makes it easier to compare prices and negotiate contracts.
- Central bank digital currencies often aim to achieve fungibility to facilitate interoperability and mass adoption.
FAQs About the word fungibility
the quality of being capable of exchange or interchange
substitutable,exchangeable, interchangeable,, commutable,switchable, replaceable
noninterchangeable, noninterchangeable,,
Gold is highly fungible, making it an ideal asset for trading and investment.
Cryptocurrency's fungibility allows users to exchange units of equal value without concern for their origin.
The fungibility of commodities facilitates the efficient allocation of resources across markets.
Due to its fungibility, bitcoin can be easily transferred between wallets and exchanges.
