fungible
1765 as noun, 1818 as adjective, from Medieval Latin fungibilis, from Latin fungor ("I perform, I discharge a duty") (English function) + -ible. Pronunciation
  • (British) IPA: /ˈfʌndʒɪbəl/, /ˈfʌndʒɪbl/
Adjective

fungible

  1. (finance and commerce) Able to be substituted for something of equal value or utility; interchangeable, exchangeable, replaceable.
    • 1649, Antony Ascham, Of the confusions and revolutions of governments, 30 ↗:
      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?
    • 1876 [1877], Samuel Dana Horton, Silver and Gold and Their Relation to the Problem of Resumption, page 116 ↗:
      Gold is fungible. Silver is fungible; that is, these metals are both so homogeneous that, if I get a pound of pure gold, for example, it is indifferent to me whether it be this pound or that pound, one is as good as another
    • 2011, Will Self, “The frowniest spot on Earth”, London Review of Books, XXXIII.9:
      At the core of Kasarda’s conception of the aerotropolis lies the notion that space – unlike time – is fungible.
    • 2013, Johanna Rothman, Hiring the Best Knowledge Workers, Techies & Nerds
      However, unless you are unique among technical organizations and have fungible staff members who can easily replace each other, you'll need to augment the standardized description with your needs for this particular position.
Translations Noun

fungible (plural fungibles)

  1. (chiefly, in the plural) Any fungible item.



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