Dictionary
1fungible
noun fun·gi·ble \ˈfən-jə-bəl\
Definition of FUNGIBLE
: something that is fungible —usually used in plural
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First Known Use of FUNGIBLE
circa 1765
2fungible
adjective
Definition of FUNGIBLE
1
: being of such a nature that one part or quantity may be replaced by another equal part or quantity in the satisfaction of an obligation <oil, wheat, and lumber are fungible commodities>
2
Origin of FUNGIBLE
New Latin fungibilis, from Latin fungi to perform — more at function
First Known Use: 1818
Related to FUNGIBLE
- Synonyms
- commutable, exchangeable, interchangeable, substitutable, switchable
- Antonyms
- noninterchangeable
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