- (especially of goods) being of such nature or kind as to be freely exchangeable or replaceable, in whole or in part, for another of like nature or kind.
- (often plural) moveable perishable goods of a sort that may be estimated by number or weight, such as grain, wine, etc
- having the nature or quality of fungibles
adj.“capable of being used in place of another,” 1818, a word in law originally, from Medieval Latin fungibilis, from Latin fungi “perform,” as in fungi vice “to take the place” (see function). Earlier as a noun (1765).