fungibility
1
9.6
- noun
- /ˈfʌndʒəˌbɪlɪti/
- Specialized
:
fungibilidad
- Because of the fungibility of currency, it is simple to change dollars into euros when traveling.
Examples
-
And then there is the larger problem of the fungibility of money.
Academic text (2008) -
The fungibility of oil makes the geographical location argument moot.
Blog text (28) -
Defending a claim of conversion can be especially difficult because of the fungibility of art.
Academic text (2006) -
More production adds fungibility to the world market, but we're still vulnerable to shocks in other countries.
Blog text (29) -
When the hydrocarbon supply grows in one locale, there is bound to be an impact elsewhere, given the fungibility of fossil fuels.
Blog text (18) -
Finally, proponents argued that the fungibility of federal funds creates an appearance that the nonprofit is a larger player in the political arena than it really is, thereby overestimating its popular support.
Academic text (1996) -
Given oil's fungibility and the integrated nature of world oil markets, a severe interruption in Saudi Arabia is likely to have virtually the same price impact whether or not America imports Saudi oil.
Academic text (2002) -
In finance, the fungibility of cash allows it to be easily exchanged for goods and services.
-
The fungibility of stocks means that each share can be traded for any other share of the same company.
Synonyms
1
7.5
Can be replaced by something with the same value or use
1
7.4
The ability of one thing to be replaced by another without losing use or value
The fact that one thing can be used in place of another
A quality that lets one thing be replaced by another
How Exchangeable
Surface Forms
Morphology
Etymology
The word fungibility comes from a Latin root fung- meaning 'to do' or 'to pay', and you can see the same root in function. So if something has fungibility, it can 'do the same job' as another item of the same kind and be easily exchanged.