FUNGIBLE


Meaning of FUNGIBLE in English

adj. Law (of goods etc. contracted for, when an individual specimen is not meant) that can serve for, or be replaced by, another answering to the same definition. fungibility n.

[ med.L fungibilis f. fungi (vice) serve (in place of) ]

Concise Oxford English dictionary.      Краткий оксфордский словарь английского языка.