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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 ?
Supply of chemical reagents, Glass and volumetric material, Consumables and laboratory aids for the official control of food products, Water and environmental control of air quality, As well as the analysis of narcotic drugs and psychotropic substances in samples confiscated by the municipal police and in oral fluid samples of madrid drivers from the public health laboratory and the supply of specific reagents, Controls, Calibrators and fungibles for the realization and obtaining of analytical tests in the clinical analysis laboratory, As well as the installation and maintenance of the computer system of said laboratory (sil), For the realization of the different analytical techniques with the supplied reagents.
El mas utilizado en la zona tranquila suele ser bastante variado en funcion del tipo de centro; mientras el empleado en los publicos es habitualmente el no fungible movil (36'36%) y el fungible psicomotor (27'27%), en los privados se usan mas los no fungibles moviles (28'57%) y los fungibles alternativos (50'0%).
When it comes to fungibles, nobody beats the home furnishings industry.