[ fuhn-juh-buhl ]
/ ˈfʌn dʒə bəl /
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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.
THINGAMABOB OR THINGUMMY: CAN YOU DISTINGUISH BETWEEN THE US AND UK TERMS IN THIS QUIZ?
Do you know the difference between everyday US and UK terminology? Test yourself with this quiz on words that differ across the Atlantic.
Question 1 of 7
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 fungiblefun·gi·bil·i·ty [fuhn-juh-bil-i-tee], /ˌfʌn dʒəˈbɪl ɪ ti/, nounnon·fun·gi·ble, adjectiveun·fun·gi·ble, adjective
WORDS THAT MAY BE CONFUSED WITH fungiblefrangible, fungible
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
British Dictionary definitions for fungible
/ (ˈfʌndʒɪbəl) law /
(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
Derived forms of fungiblefungibility, 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