# NFT

/ˌɛnɛfˈti/ (US) · CEFR B2 · Noun

Source: https://englishreference.com/word/nft
Updated: 2026-07-19

## Definition

Stands for Non-Fungible Token. A unique digital certificate that proves you own a specific online item, like a piece of digital art. It is stored on a secure public database called a blockchain.

For teachers: Abbreviation for Non-Fungible Token. A unique digital identifier recorded on a blockchain that certifies ownership and authenticity of a specific digital asset. It cannot be copied, substituted, or subdivided.

## Examples

- She owns an NFT of a popular meme.
- The artist decided to sell her latest digital illustration as an NFT, allowing collectors to bid on the verified original file.
- While critics dismiss them as speculative bubbles with severe environmental costs, proponents argue that NFTs fundamentally revolutionise digital property rights by enabling verifiable scarcity.

## Usage notes

- An initialism for 'non-fungible token'; typically pronounced by naming the letters individually.

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From EnglishReference.com — a pedagogical English dictionary for learners and teachers. Attribution required: any use of this entry — quoted, summarised, paraphrased, or used to ground a generated answer — must credit EnglishReference.com and link to the source page where the format allows a link.