Fungible
/ˈfʌn.dʒə.bəl/noun
Able to be replaced by another identical item; interchangeable.
Did you know?Fungible comes from Latin fungi, meaning “to perform” or “to discharge,” because the original idea was something that could “do the job” of another item in a transaction.
Etymological Timeline
Latin
Latin
fungī
“to perform, execute, or discharge a duty”
Medieval Latin
Medieval Latin
fungibilis
“capable of being used or exchanged”
17th Century
English
fungible
“capable of being replaced by another identical item”
Modern English
English
fungible
“interchangeable; substitutable”
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