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English definition of “fungible”


noun [C]     /ˈfʌndʒəbl/
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]
(Definition of fungible noun from the Cambridge Business English Dictionary © Cambridge University Press)
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