Stocks are
fungible, meaning one share of a company is equivalent to any other share of the same company.
股票是可替代的,意味着一家公司的任何一股都等同于该公司其他的任何一股。
Fungibility is a key characteristic of money - one dollar bill can be exchanged for another without losing value.
可替代性是货币的一个关键特征——一张一美元纸币可以换成另一张而不损失价值。
The tokens in a game are usually
fungible, as one token can replace another with no difference in gameplay.
游戏中的代币通常是可替代的,因为一个代币可以被另一个代币替换,对游戏玩法没有任何影响。
Gold is
fungible when it comes to bullion trading; a kilogram of gold bar has the same value as any other kilogram of gold bar.
在黄金条块交易中,黄金是可替代的;一千克金条的价值与其他任何一千克金条相同。
Fungible assets like crude oil or wheat are typically traded on commodity markets.
原油或小麦等可替代资产通常在大宗商品市场上进行交易。
Cryptocurrencies such as Bitcoin are technically
fungible, but some transactions can lead to non-fungibility due to their traceability.
比特币之类的加密货币从技术上讲是可替代的,但由于其可追踪性,某些交易可能导致不可替代性。
Airline miles are often considered
fungible since they can be redeemed for flights regardless of how they were earned.
航空公司的飞行里程通常被视为可替代的,因为无论如何获得,都可以兑换航班。
In financial markets, government bonds are
fungible because each bond with the same maturity and coupon rate has equal value.
在金融市场中,政府债券因其相同的到期日和票面利率而具有可替代性,因此每张债券具有相等的价值。
A theater ticket is
fungible within its category: a ticket for seat A1 could be used by someone holding a valid ticket for seat B2.
影院门票在其类别内是可替代的:A1座位的票可用于持有有效B2座位票的人。
Although rare coins can be highly valued for their uniqueness, most common coins are
fungible, with one example being interchangeable with another of the same type.
尽管罕见硬币因其独特性而备受珍视,但大多数普通硬币都是可替代的,例如一枚硬币可以与同类的另一枚互换。
Just recently he has launched the historic first Non Fungible Token (NFT) auction of a luxury watch together with Swiss cybersecurity company WISeKey.
他最近刚刚与瑞士网络安全公司WISeKey合作发起了首个奢侈手表的非同质化代币(NFT)拍卖,这具有历史意义。
The strength of Europe's capital markets also provides a diversified fundraising channel and fungible liquidity pool for Chinese corporates.
The link offers the first opportunity for foreign companies to list in the Chinese mainland and the first chance for Shanghai Stock Exchange-listed companies to be able to raise capital abroad through instruments fungible with their domestic shares.
It is the first time any foreign companies will be able to list in the Chinese mainland and the first time SSE-listed companies will be able to raise capital abroad through instruments fungible with their domestic shares.
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