FUNGIBLE

fungible

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

fungible

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

Source: WordNet® 3.1


Etymology

Adjective

fungible (comparative more fungible, superlative most fungible)

(finance and commerce) Able to be substituted for something of equal value or utility; interchangeable, exchangeable, replaceable.

Noun

fungible (plural fungibles)

(chiefly, in the plural) Any fungible item.

Anagrams

• bingeful

Source: Wiktionary



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Word of the Day

2 November 2024

FRUMP

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