fungibility

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fun·gi·ble

 (fŭn′jə-bəl)
adj.
1. Law Returnable or negotiable in kind or by substitution, as a quantity of grain for an equal amount of the same kind of grain.
2. Interchangeable.
n.
often fungibles Law Something that is fungible.

[Medieval Latin fungibilis, from Latin fungī (vice), to perform (in place of).]

fun′gi·bil′i·ty n.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.fungibility - the quality of being capable of exchange or interchange
changeability, changeableness - the quality of being changeable; having a marked tendency to change; "the changeableness of the weather"
duality - (geometry) the interchangeability of the roles of points and planes in the theorems of projective geometry
transferability - the quality of being transferable or exchangeable; "sterling transferability affords a means of multilateral settlement for....trade between nondollar countries"
convertibility - the quality of being exchangeable (especially the ability to convert a currency into gold or other currencies without restriction)
inconvertibility - the quality of not being exchangeable; "the inconvertibility of their currency made international trade impossible"
commutability, replaceability, substitutability - exchangeability by virtue of being replaceable
liquidity - being in cash or easily convertible to cash; debt paying ability
permutability, permutableness, transposability - ability to change sequence
Translations
Fungibilität
References in periodicals archive ?
a notarial act, a settlement or another contract bearing notarized signatures in respect of the obligations contained therein to pay sums of money or other fungible things, as well as obligations to deliver particular things;