fungible
adjectiveDefinition of fungible
(Entry 1 of 2)
1
: being something (such as money or a commodity) of such a nature that one part or quantity may be replaced by another equal part or quantity in paying a debt or settling an account
Oil, wheat, and lumber are fungible commodities. fungible goods
2
: capable of mutual substitution : interchangeable
… the court's postulate that male and female jurors must be regarded as fungible— George Will
3
: readily changeable to adapt to new situations : flexible
Managers typically use more than a hundred different lineups over the course of the season. Batting orders are so fungible that few players last long in one spot.— Tom Verducci
fungible
nounDefinition of fungible (Entry 2 of 2)
: something that is fungible (see fungible entry 1 sense 1) : a good one part or quantity of which can be substituted for another of equal value in satisfying an obligation
—usually used in plural Fungibles may be valued by weight or measure.
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