Legal Definition and Related Resources of Fungible
Meaning of Fungible
A term applicable to things that are consumed by the use, as wine, oil, etc., the loan of which is subject to certain rules, and governed by the contract called mutuum. See Schmidt, Civ. Law, 145; Story, Bailm.; 1 Bouv. Inst, notes 987, 1098.
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| Resource | Description |
|---|---|
| Fungible in the Dictionary | Fungible in our legal dictionaries | Browse the Legal Thesaurus | Find synonyms and related words of Fungible |
| Legal Maxims | Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law |
| Legal Answers (Q&A) | A community-driven knowledge creation process, of enduring value to a broad audience |
| Related topics | Fungible in the World Encyclopedia of Law |
Notice
This definition of Fungible is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.
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| https://legaldictionary.lawin.org/fungible/ | The URI of Fungible (more about URIs) |
Grammar
This term is an adjetive.
Etimology of Fungible
(You may find fungible at the world legal encyclopedia and the etimology of more terms).
capable of being used in place of another; capable of being replaced, 1818, a word in law originally, from Medieval Latin fungibilis, from Latin fungi “perform” (see function; this term is also a noun.) via phrases such as fungi vice “to take the place.” Earlier as a noun (1765).
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