|
|
Joined: Apr 2000
Posts: 10,542
Carpal Tunnel
|
OP
Carpal Tunnel
Joined: Apr 2000
Posts: 10,542 |
Merriam-Webster visits the word fungible, which we had some discussion about here with some choosing to take a very narrow usage view.
|
|
|
|
|
Joined: Sep 2000
Posts: 2,788
Carpal Tunnel
|
|
Carpal Tunnel
Joined: Sep 2000
Posts: 2,788 |
It has a distinct meaning in the law and is used in the Uniform Commerical Code to describe goods where one quantity of them (e.g. a wheelbarrow of sawdust) is as good as any other (e.g. another wheelbarrow of sawdust).
|
|
|
|
|
Joined: Mar 2001
Posts: 2,379
Pooh-Bah
|
|
Pooh-Bah
Joined: Mar 2001
Posts: 2,379 |
'Where goods in the amount of a given quantity may be substituted for an equal quantity of like goods.'
|
|
|
|
|
Joined: Jul 2000
Posts: 3,467
Carpal Tunnel
|
|
Carpal Tunnel
Joined: Jul 2000
Posts: 3,467 |
Put another way, fungibility denies any extrinsic value. A dime is a dime unless it's an MS-65 1916-D Mercury dime, in which case it's a small fortune.
TEd
|
|
|
|
|
Joined: Dec 2000
Posts: 13,803
Carpal Tunnel
|
|
Carpal Tunnel
Joined: Dec 2000
Posts: 13,803 |
Does fungibility trump sentimental value.
"That wasn't just any wheelbarrow full of sawdust, your honor.
"That was the sawdust that filled the last wheelbarrow my grandfather stole from the saw mill."
|
|
|
|
|
Joined: Oct 2000
Posts: 5,400
Carpal Tunnel
|
|
Carpal Tunnel
Joined: Oct 2000
Posts: 5,400 |
or as a New Yorker Lawyer cartoon had a senior white shoe lawyer explain to an underling "associates are fungible, partners are not!"
|
|
|
|
|
Joined: Mar 2000
Posts: 11,613
Carpal Tunnel
|
|
Carpal Tunnel
Joined: Mar 2000
Posts: 11,613 |
|
|
|
|
|
Joined: Sep 2000
Posts: 2,788
Carpal Tunnel
|
|
Carpal Tunnel
Joined: Sep 2000
Posts: 2,788 |
"associates are fungible, partners are not!"
Quite precisely! The other running joke around court is that all deputy prosecutors are fungible goods (they are interchangeable), as are all public defenders (one can easily stand in for another). Maybe this is only funny if you are a denizen of the courthouse.
|
|
|
|
|
Joined: Jan 2001
Posts: 1,819
Pooh-Bah
|
|
Pooh-Bah
Joined: Jan 2001
Posts: 1,819 |
Can you explain "senior white shoe lawyer"? Is wearing white shoes a sort of privilege of the bigwigs in a law firm?
|
|
|
|
|
Joined: Jul 2000
Posts: 3,467
Carpal Tunnel
|
|
Carpal Tunnel
Joined: Jul 2000
Posts: 3,467 |
TEd
|
|
|
|
Forums16
Topics13,913
Posts229,371
Members9,182
| |
Most Online3,341
Dec 9th, 2011
|
|
|
0 members (),
761
guests, and
1
robot. |
|
Key:
Admin,
Global Mod,
Mod
|
|
|
|
