Fungible goods definition

Fungible goods means either of the following:
Fungible goods means goods of which any unit is, from its nature or by mercantile custom, treated as the equivalent of any other unit;
Fungible goods means either:

Examples of Fungible goods in a sentence

  • Seller expressly represents and guarantees that all Fungible goods shall be warranted for the duration of their specified shelf life.


More Definitions of Fungible goods

Fungible goods means goods that are interchangeable for commercial purposes, whose properties are essentially identical, not practical to distinguish by the naked eye;
Fungible goods means: (A) goods of which any unit, by nature or usage of trade, is the equivalent of any other like unit; or (B) goods that by agreement are treated as equivalent.
Fungible goods means any goods of which any unit is, by nature or usage of trade, the equivalent of any other like unit and are received by a warehouseman as fungible goods;
Fungible goods means goods that are interchangeable for commercial purposes and the properties of which are essentially identical. (produits fongibles)
Fungible goods means: (A) goods of which any unit, by nature or usage
Fungible goods means any of the following:
Fungible goods means goods of which any unit is by nature or usage of trade, the equivalent of any other like unit, and includes unlike units to the extent that they are treated as equivalents under a security agreement;