Main Entry: ²fungible

Function: adjective

Etymology: New Latin fungibilis, from Latin fungi to perform — more at function

Date: 1818

1 : being of such a nature that one part or quantity may be replaced by another equal part or quantity in the satisfaction of an obligation <oil, wheat, and lumber are fungible commodities>
2 : interchangeable
3 : flexible 3

— fun·gi·bil·i·ty \ˌfən-jə-ˈbi-lə-tē\ noun