Law, Commerce. (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: Appliances are usually fungible—that is, they can be replaced with cash or a similar item of equal value.
capable of being exchanged or interchanged; interchangeable: Neither ethanol nor biodiesel is fully fungible with petroleum-based fuels.Large corporations are likely to view both customers and employees as fungible, replaceable commodities.
- fun·gi·bil·i·ty [fuhn-juh-bil-i-tee], /ˌfʌn dʒəˈbɪl ɪ ti/, noun
- non·fun·gi·ble, adjective
- un·fun·gi·ble, adjective
- frangible, fungible
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use fungible in a sentence
He posts videos mainly about the cryptocurrency market and non-fungible tokens and boasts about a quarter of a million followers.
In the early summer months of 2021, publishers like Bleacher Report, The New York Times, Time and Quartz, among many others, minted their first-ever non-fungible tokens.‘More dynamic, loyalty driven communities:’ What comes next for publishers on the blockchain | Kayleigh Barber | August 24, 2021 | Digiday
To the uninitiated, it is far from obvious why a company like Coca-Cola might be interested in auctioning off themed non-fungible tokens.With the Metaverse hype cycle at full blast, experts take the long view | Alexander Lee | August 4, 2021 | Digiday
Despite the cynics, non-fungible tokens are still going strong after the surge in attention they got in March.‘Bullish on the space’: Why Anheuser Busch InBev is testing NFTs in its marketing | Seb Joseph | June 16, 2021 | Digiday
Creators are increasingly putting up their products as non-fungible tokens, unique digital assets that cannot be replicated or stolen because they’re recorded on Ethereum’s blockchain ledger.
Words are tools in an information war and facts are fungible.
In the shower, I sing the phrase “fungible commodities” far too often.
And they're to some extent fungible, but this amounts exactly to "kicking the can down the road."
So while expectations are optimistic, any dates, at least for the time being, should be fungible and are not set in stone.
Then the whole impetus in the newsroom is to say "We have to make it better, if we don't it will become fungible."
British Dictionary definitions for fungible
(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
- fungibility, noun
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