fungible

Etymology

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.^[1]

Pronunciation

• (UK) IPA^(key): /ˈfʌn.dʒɪ.b(ə)l/

Adjective

fungible (comparative more fungible, superlative most fungible)

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

Noun

fungible (plural fungibles)

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

References

Anagrams

• bingeful

Etymology

From Latin fungor (“discharge a duty”) +‎ -ible.

Adjective

fungible (masculine and feminine plural fungibles)

1. fungible

Adjective

fungible

1. inflected form of fungibel