fungible

²fungible

adj

Definition of FUNGIBLE

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

Examples of FUNGIBLE

1. <since fruits and vegetables are regarded as fungible in this diet, you are allowed a total of five servings of either or both>

Origin of FUNGIBLE

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

First Known Use: 1818

Related to FUNGIBLE

Synonyms: commutable, exchangeable, interchangeable, substitutable, switchable

Antonyms: noninterchangeable

Related Words: replaceable

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