Definition of fungible in English:
(Of goods contracted for without an individual specimen being specified) replaceable by another identical item; mutually interchangeable.
- One that acknowledges that my candidate's speech is mine, that hard money is fungible with soft money, and thus that both should be regulated the same way.
- Some would argue that this is both pedantic and unrealistic, since money is fungible and one £10 note is for all purposes the same as another.
- Most evidence suggests that aid money is fungible - that is, that it goes into the pot of public funds and is spent on whatever the recipient wants to spend it on.
- Example sentences
- But there is no obstacle in principle to finding a trust, despite the fungibility of its subject matter, so long as the intention to create a trust is clear.
- Ultimately, the fungibility of money, and the ubiquity of the state in providing services and setting ground rules, together mean that there is no such thing as a ‘mere’ decision not to subsidize an activity.
- But the fact of fungibility suggests that aid-giving could be greatly simplified if most took the form of unconditional balance-of-payments support.
Late 17th century: from medieval Latin fungibilis, from fungi 'perform, enjoy', with the same sense as fungi vice 'serve in place of'.
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.