fungible

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Related to fungiblely: Fungible things

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.

fungible

(ˈfʌndʒɪbəl) law
n
(Law) (often plural) moveable perishable goods of a sort that may be estimated by number or weight, such as grain, wine, etc
adj
(Law) having the nature or quality of fungibles
[C18: from Medieval Latin fungibilis, from Latin fungī to perform; see function]
ˌfungiˈbility n

fun•gi•ble

(ˈfʌn dʒə bəl)

adj.
(of goods) exchangeable or replaceable, in whole or in part, for another of like nature or kind.
[1755–65; < Medieval Latin fungibilis, derivative of Latin fung(ī) to perform the office of]
fun`gi•bil′i•ty, n.

fungible

- Interchangeable, returnable, or easily replaced.
See also related terms for interchangeable.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.fungible - a commodity that is freely interchangeable with another in satisfying an obligation
commodity, trade good, good - articles of commerce
Adj.1.fungible - of goods or commodities; freely exchangeable for or replaceable by another of like nature or kind in the satisfaction of an obligation
law, jurisprudence - the collection of rules imposed by authority; "civilization presupposes respect for the law"; "the great problem for jurisprudence to allow freedom while enforcing order"
exchangeable - suitable to be exchanged
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