Similar Words

Fungible — definition

1. fungible (Adjective)

1 definition

fungible (Adjective) — (law) of goods or commodities; freely exchangeable for or replaceable by another of like nature or kind in the satisfaction of an obligation.

2. fungible (Noun)

1 definition

fungible (Noun) — A commodity that is freely interchangeable with another in satisfying an obligation.

3 types of
commodity good trade good