QUAE FUNCTIONEM RECIPIUNT

QUAE FUNCTIONEM RECIPIUNT

quae functionem recipiunt (kwee fungk-shee-oh-n[schwa]m ri-sip-ee-[schwa]nt). [Law Latin] Hist. Things whose value depends on the class of things to which they belong (e.g., money, corn, etc.). ? The phrase appeared in reference to fungibles ¡ª that is, things that could be generically estimated by quantity or weight. Cf. QUAE NON RECIPIUNT FUNCTIONEM.
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