Phrases with «fungible commodity»

A fungible commodity refers to something that can be easily replaced or exchanged with something else of the same type or value. It means that there is no difference between one unit of the commodity and another, so they can be used interchangeably. Full definition

commodity (parent phrase)
fungible (parent phrase)

fungible commodity

Sentences with «fungible commodity»

While it's true that books are viewed as fungible commodities, that's nothing new. (libbyhellmann.com)
But rest assured that regardless of these factors, Precious Metals retain intrinsic value as a tangible and fungible commodity. (apmex.com)
Also keep in mind that oil is a truly global, fungible commodity, which means that events in one part of the world can and will impact oil prices everywhere. (wisestockbuyer.com)
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Phrases with «fungible commodity»

Sentences with «fungible commodity»

See also