Associations to the word «Fungible»

Wiktionary

FUNGIBLE, adjective. (finance and commerce) Able to be substituted for something of equal value or utility; interchangeable, exchangeable, replaceable.
FUNGIBLE, noun. (chiefly in the plural) Any fungible item.

Dictionary definition

FUNGIBLE, noun. A commodity that is freely interchangeable with another in satisfying an obligation.
FUNGIBLE, adjective. Of goods or commodities; freely exchangeable for or replaceable by another of like nature or kind in the satisfaction of an obligation.

Wise words

Four things come not back. The spoken word, the sped arrow, the past life, ad the neglected opportunity.
Arabian Proverb