fungible
[ fuhn-juh-buhl ]
/ ˈfʌn dʒə bəl /
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adjective
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.
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In the UK, COTTON CANDY is more commonly known as…
Origin of fungible
First recorded in 1640–50; from Medieval Latin fungibilis, equivalent to Latin fung(ī) “to perform, discharge, execute” + -ibilis -ible
OTHER WORDS FROM fungible
fun·gi·bil·i·ty [fuhn-juh-bil-i-tee], /ˌfʌn dʒəˈbɪl ɪ ti/, nounnon·fun·gi·ble, adjectiveun·fun·gi·ble, adjectiveWORDS THAT MAY BE CONFUSED WITH fungible
frangible, fungibleDictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
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 forms of fungible
fungibility, nounWord Origin for fungible
C18: from Medieval Latin fungibilis, from Latin fungī to perform; see function
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
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