fungible

Definitions


[ˈfʌn(d)ʒɪbl], (Adjective)

Definitions:
- (of a product or commodity) replaceable by another identical item; mutually interchangeable
(e.g: it is by no means the world's only fungible commodity)


Phrases:

Origin:
mid 17th century: from medieval Latin fungibilis, from Latin fungi ‘perform, enjoy’, with the same sense as fungi vice ‘serve in place of’




definition by Oxford Dictionaries