fungible

fun·gi·ble

adjective

The definition of fungible is interchangeable.

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.

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"fungible." YourDictionary, n.d. Web. 11 April 2019. <https://www.yourdictionary.com/fungible>.

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fungible. (n.d.). Retrieved April 11th, 2019, from https://www.yourdictionary.com/fungible

fungible

Law designating movable goods, as grain or lumber, units or portions of which are interchangeable, as in discharging a debt

Origin of fungible

Medieval Latin fungibilis from Classical Latin fungi, to perform: see function

a fungible thing

Origin of fungible

ME (res) fungibilis

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MLA Style

"fungible." YourDictionary, n.d. Web. 11 April 2019. <https://www.yourdictionary.com/fungible>.

APA Style

fungible. (n.d.). Retrieved April 11th, 2019, from https://www.yourdictionary.com/fungible

fungible

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

often fungibles Law Something that is fungible.

Origin of fungible

Medieval Latin fungibilis from Latin fungī (vice) to perform (in place of)

Related Forms:

fun′gi·bil′i·ty
noun

THE AMERICAN HERITAGE® DICTIONARY OF THE ENGLISH LANGUAGE, FIFTH EDITION by the Editors of the American Heritage Dictionaries. Copyright © 2016, 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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MLA Style

"fungible." YourDictionary, n.d. Web. 11 April 2019. <https://www.yourdictionary.com/fungible>.

APA Style

fungible. (n.d.). Retrieved April 11th, 2019, from https://www.yourdictionary.com/fungible

Adjective

(comparative more fungible, superlative most fungible)

(finance and commerce) Able to be substituted for something of equal value or utility; interchangeable, exchangeable, replaceable.

Noun

(plural fungibles)

(chiefly in the plural) Any fungible item.

Origin

1765 as noun, 1818 as adjective, from Medieval Latin fungibilis, from Latin fungor (“I perform, I discharge a duty”) (English function) +‎ -ible (“able to”). Originally legal term.

English Wiktionary. Available under CC-BY-SA license.

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MLA Style

"fungible." YourDictionary, n.d. Web. 11 April 2019. <https://www.yourdictionary.com/fungible>.

APA Style

fungible. (n.d.). Retrieved April 11th, 2019, from https://www.yourdictionary.com/fungible

fungible - Investment & Finance Definition

Interchangeable. Fungible products can be substituted for each other for shipment or storage purposes. Options that have the same strike price and expiration date also are fungible.

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MLA Style

"fungible." YourDictionary, n.d. Web. 11 April 2019. <https://www.yourdictionary.com/fungible>.

APA Style

fungible. (n.d.). Retrieved April 11th, 2019, from https://www.yourdictionary.com/fungible

fungible - Legal Definition

adj

Of goods or products, that they are all of a kind, not unique, and replaceable by other goods of the same kind; for example, crops are fungible while a painting by Rembrandt is not.

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MLA Style

"fungible." YourDictionary, n.d. Web. 11 April 2019. <https://www.yourdictionary.com/fungible>.

APA Style

fungible. (n.d.). Retrieved April 11th, 2019, from https://www.yourdictionary.com/fungible

fungible

fungible

fungible

fungible - Investment & Finance Definition

fungible - Legal Definition

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fungible

fungible

fungible - Investment & Finance Definition

fungible - Legal Definition

Also Mentioned In

WORDS NEAR fungible IN THE DICTIONARY

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