fungible

/ˈfʌndʒəbl/ adjective

Definition

› COMMERCE, LAW fungible goods are easy to exchange for others of the same type and value: Technological advances have given gas the potential to be a fungible global commodity like oil.

› FINANCE, LAW fungible shares, bonds, etc. are easy to trade for others of the same type and value : fungible assets → Compare nonfungible

(Definition of fungible adjective from the Cambridge Business English Dictionary © Cambridge University Press)

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fundraise verb
fundraiser noun
fundraising noun
funds flow noun
funds flow statement noun
fungible adjective
fungible noun
funny money noun
furnish verb
furnishings noun
further to adverb

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“fungible” in other dictionaries

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fungible noun
non-fungible, at nonfungible adjective

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