fungible

[ fuhn-juh-buh l ]
/ ˈfʌn dʒə bəl /

adjective Law.

(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.

Nearby words

  1. fungate,
  2. fungemia,
  3. fungi,
  4. fungi imperfecti,
  5. fungi-,
  6. fungible issue,
  7. fungicide,
  8. fungiform,
  9. fungiform papilla,
  10. fungistat

Origin of fungible

1755–65; < Medieval Latin fungibilis, equivalent to Latin fung(ī) to perform the office of + -ibilis -ible

Related formsfun·gi·bil·i·ty, nounnon·fun·gi·ble, adjectiveun·fun·gi·ble, adjective

Can be confusedfrangible fungible

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Examples from the Web for fungible



British Dictionary definitions for fungible

fungible

/ (ˈfʌndʒɪbəl) law /

noun

(often plural) moveable perishable goods of a sort that may be estimated by number or weight, such as grain, wine, etc

adjective

having the nature or quality of fungibles
Derived Formsfungibility, noun

Word Origin for fungible

C18: from Medieval Latin fungibilis, from Latin fungī to perform; see function

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Word Origin and History for fungible

fungible

adj.

"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).

Online Etymology Dictionary, © 2010 Douglas Harper