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Definition of Fungible
1. Adjective. Of goods or commodities; freely exchangeable for or replaceable by another of like nature or kind in the satisfaction of an obligation.
2. Noun. A commodity that is freely interchangeable with another in satisfying an obligation.
Definition of Fungible
1. Adjective. (finance and commerce) Able to be substituted for something of equal value or utility; interchangeable, exchangeable, replaceable. ¹
2. Noun. (mostly plural) Any fungible item. ¹
¹ Source: wiktionary.com
Definition of Fungible
1. something that may be exchanged for an equivalent unit of the same class [n -S]