fungible

Definition of Fungible in English :

1. fungible

a commodity that is freely interchangeable with another in satisfying an obligation

2. fungible

of goods or commodities; freely exchangeable for or replaceable by another of like nature or kind in the satisfaction of an obligation

WordNet Lexical Database for English. Princeton University. 2010.

Fungible

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.