nonfungible
- adjective
- /nɒnˈfʌndʒəbl/
- Jargon
- In the world of cryptocurrency, many collectors are attracted to nonfungible tokens representing unique art pieces.
Examples
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Unlike traditional currency, digital art can be classified as nonfungible because each piece has its own distinct value.
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Because so much international aid to Pakistan has been diverted through corruption, both public and private assistance should come in the form of relatively nonfungible goods and services: books, buildings, teachers, and training, rather than money.
Academic text (2000) -
The concept of nonfungible assets has gained popularity, as it highlights items that cannot be easily exchanged for one another.
Synonyms
So special or valuable that you cannot get another one
You cannot return or change it after you buy it
You cannot swap them without changing the meaning or how they work
Not able to be made again if lost or damaged
You cannot exchange it for another currency or asset
You cannot exchange it for another currency
Antonyms
How Fungible
Surface Forms
Morphology
Etymology
Nonfungible is made of non- meaning 'not' and fungible meaning 'exchangeable' or 'replaceable', like money or identical goods you can swap. So a nonfungible item is 'not exchangeable' and cannot be simply replaced by another, which is why the word is used for unique digital tokens or pieces of art.