fungibility

Definition of Fungibility in English :

the quality of being capable of exchange or interchange

WordNet Lexical Database for English. Princeton University. 2010.

Fungibility

noun

1. (often plural)

moveable perishable goods of a sort that may be estimated by number or weight, such as grain, wine, etc

adjective

2.

having the nature or quality of fungibles

adjective

1. Law

designating movable goods, as grain, any unit or part of which can replace another unit, as in discharging a debt

noun

2.

a fungible thing

adj.

1. Law Returnable or negotiable in kind or by substitution, as a quantity of grain for an equal amount of the same kind of grain.

2. Interchangeable.

n.

often fungibles Law Something that is fungible.