I. ˈfənjəbəl noun
( -s )
Etymology: New Latin fungibilis, adjective, fungible
: goods that are fungible — usually used in plural
fungibles loaned under a contract of mutuum
II. adjective
Etymology: New Latin fungibilis, from Latin fungi to perform + -ibilis -ible — more at function
1. : of such a kind or nature that one specimen or part may be used in place of another specimen or equal part in the satisfaction of an obligation — used of things that can be counted, weighed, or measured and are consumed or alienated by use (as food, coal, oil, lumber)
fungible goods enjoyed under the usufruct of property
2. : capable of mutual substitution : interchangeable