Dictionary » F » Fungibles

Fungibles

Fungibles

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

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

Origin: 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.


Please contribute to this project, if you have more information about this term feel free to edit this page



This page was last modified 21:16, 3 October 2005. This page has been accessed 706 times. 
What links here | Related changes | Permanent link