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fungible

 
 
/ˈfʌndʒəbl/ noun [C]

Definition

COMMERCE, FINANCE, LAW something such as a currency, share, or goods, that can easily be exchanged for others of the same value and type: Several million dollars of fungibles were illicitly moved from the bank.
fungibility noun [U] Cash has the advantage of fungibility.
(Definition of fungible noun from the Cambridge Business English Dictionary © Cambridge University Press)
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