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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.
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.
References in periodicals archive ?
When it comes to fungibles, nobody beats the home furnishings industry.
After the rather exhausting round of spring trade shows and markets just concluding, it can be safely said that virtually the entire home business-from pots and pans to sheet and towels to dishes and glasses to sofas and dressers-introduced some of the most amazing fungibles anybody has ever seen.