fungible
5
9.2
- adjective
- /ˈfʌndʒəbl/
- Specialized
:
fungible
- To neorealists, power is reducible to military capabilities; this power is assumed to be "fungible across all issue areas."
- fungible commodity
- fungible money
It was always just sort of this tacit understanding that this is all one fungible pot of funds for us.
- It was always just sort of this tacit understanding that this is all one fungible pot of funds for us.
- Yeah, but but, but I would say that the interesting thing about wealth is that it's an infinitely fungible resource.
- The next things that will happen I think will be that tokens in game spaces like Roblox will become fungible.
- I got to just give you a shout out for the fungible mechanism #fungible mechanism #fungible.
Examples
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Furthermore, because oil is a fungible global commodity, the United States must also promote better international coordination of national reserves.
Academic text (2008) -
But once I say, you know, gold is fungible, now we're learning a little bit about gold, right.
-
On one hand, for reasons given above, American power is now less fungible and effective than it might first appear.
Academic text (1999) -
So it's liquid, it's fungible, it's desirable.
-
For example, how much of these increasingly fungible fuels can be produced at a given price?
Blog text (32) -
I've heard the definition of money: fungible, divisible, and so on.
Blog text (1) -
Simply put, rough diamonds are fungible, and they intrinsically command high value-added dimensions because diamonds rarely depreciate.
Academic text (2004) -
In finance, cash is considered fungible because it can be exchanged for any amount of goods or services.
-
The value of stocks is fungible as one share can be exchanged for another without losing its worth.
-
Oil is a fungible commodity; different barrels can be traded freely in the market, regardless of their origin.
Synonyms
24
4.8
A person or thing you can use instead of another that still works the same
1
4.0
Able to be traded or replaced by a similar thing
How Fungible
- Specialized
5
9.2
- Jargon
Surface Forms
Morphology
fungible = fung + ible
The root 'fung' is not a productive standalone English word and '-ible' is a learned Latinate adjectival suffix, so an average B1 learner cannot derive the meaning from visible parts.
Etymology
Fungible comes from the Latin root fungi meaning 'to perform' and the ending -ible meaning 'able', the same root as the familiar word function. So something fungible can be 'used in place of' another item, which is why we say goods like coins or oil are interchangeable.