
Fungibles

Translation of "fungibles" into Russian
fungibles
Nounfungible
fungibles pl
взаимозаменяемые товары
Fungibles like oil and wheat are traded on global markets.
Взаимозаменяемые товары, такие как нефть и пшеница, торгуются на мировых рынках.
Definitions
fungibles
NounItems that are interchangeable with other items of the same kind and are consumed or used up in the process of their use.
In the commodities market, oil and wheat are considered fungibles because they can be exchanged for other units of the same type.
fungible
NounAn item or commodity that is interchangeable with others of the same kind.
In commodities law, wheat and crude oil are treated as fungibles.