fungible

Meanings

Adjective

Able to be substituted for something of equal value or utility.

Noun

Any fungible item.

Origin

1765 as noun, 1818 as adjective, from Medieval Latin fungibilis, from Latin fungor ("I perform, I discharge a duty") (function) -ible. Originally a legal term, going back to Roman law: res fungibilis.

Modern English dictionary

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