fungible

English dictionary entry

Meanings

adj
  1. Able to be substituted for something of equal value or utility.
noun
  1. Any fungible item.

Pronunciation

/ˈfʌndʒɪbəl/ LL-Q1860 (eng)-Vealhurl-fungible.wav

Word forms

fungible more fungible most fungible fungibles

Etymology

1765 as noun, 1818 as adjective, from Medieval Latin fungibilis, from Latin fungor (“to perform, discharge a duty”) + -ible (“able to”). Originally a legal term, going back to Roman law: res fungibiles (“replaceable things”).

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