If something is fungible, you can exchange it for something else. Why is it that you can trade a twenty dollar bill for a ten and two fives? Because money's fungible!

The “g” in fungible is pronounced like a “j” or like the “g” in “fudge,” though fungible things aren't always tasty. Fungible comes from a Latin phrase meaning “to serve in place of” and that's what something that's fungible does: serves in place of what it's exchanged for.

Definitions of fungible
  1. adjective
    of goods or commodities; freely exchangeable for or replaceable by another of like nature or kind in the satisfaction of an obligation
    suitable to be exchanged
  2. noun
    a commodity that is freely interchangeable with another in satisfying an obligation
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    type of:
    commodity, good, trade good
    articles of commerce
Word Family