- (especially of goods) being of such nature or kind as to be freely exchangeable or replaceable, in whole or in part, for another of like nature or kind.
Origin of fungible
Examples from the Web for fungible
Words are tools in an information war and facts are fungible.On the Front Lines in Ukraine’s Info War
April 24, 2014
In the shower, I sing the phrase “fungible commodities” far too often.Nicholson Baker: How I Write
September 11, 2013
So while expectations are optimistic, any dates, at least for the time being, should be fungible and are not set in stone.Winds of Change: A Label Aiming to Stick
Daily Beast Promotions
February 22, 2011
- (often plural) moveable perishable goods of a sort that may be estimated by number or weight, such as grain, wine, etc
- having the nature or quality of fungibles
Word Origin and History for fungible
"capable of being used in place of another," 1818, a word in law originally, from Medieval Latin fungibilis, from Latin fungi "perform," as in fungi vice "to take the place" (see function). Earlier as a noun (1765).