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fungible

The definition of fungible is interchangeable.

(adjective)

An example of fungible used as an adjective is the phrase a "fungible ingredient" which means an ingredient for which something else can be substituted.

See fungible in Webster's New World College Dictionary

adjective

Law designating movable goods, as grain, any unit or part of which can replace another unit, as in discharging a debt

Origin: ML fungibilis < L fungi, to perform: see function

noun

a fungible thing

Origin: ME (res) fungibilis

Related Forms:

fungibility noun

See fungible in American Heritage Dictionary 4

adjective

Law Returnable or negotiable in kind or by substitution, as a quantity of grain for an equal amount of the same kind of grain.
Interchangeable.

noun

Something that is exchangeable or substitutable. Often used in the plural.

Origin:

Origin: Medieval Latin fungibilis

Origin: , from Latin fungī (vice), to perform (in place of)

Related Forms:

funˌgi·bilˈi·ty noun

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