Fungible

//ˈfʌndʒɪbəl// adj, noun

adj, noun ·Uncommon ·Advanced level

Definitions

Noun
  1. 1
    Any fungible item. in-plural

    "The archetypical fungible is money: if I drop a £1 coin in the street it is a matter of indifference to me whether I pick up that coin or another £1 coin lying next to it."

  2. 2
    a commodity that is freely interchangeable with another in satisfying an obligation wordnet
Adjective
  1. 1
    Able to be substituted for something of equal value or utility.

    "."

Adjective
  1. 1
    of goods or commodities; freely exchangeable for or replaceable by another of like nature or kind in the satisfaction of an obligation wordnet

Example

More examples

"Take away this fungible instrument from the service of our necessities and how shall we exercise our Charity, which is a branch of Religion and Justice, as well as of Humanity?"

Etymology

1765 as noun, 1818 as adjective, from Medieval Latin fungibilis, from Latin fungor (“to perform, discharge a duty”) + -ible (“able to”). Originally a legal term, going back to Roman law: res fungibiles (“replaceable things”).

Related phrases

Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.