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fungible

Fungible means 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

noun

a fungible thing

Related Forms:

fungibility noun

See fungible in American Heritage Dictionary 4

(fŭnˈjə-bəl)

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.

Related Forms:

funˌgi·bilˈi·ty noun

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