English Dictionary
Definition fungible in British English
fungible adjective
adjective
1
able to be substituted by something else of the same sort. For example, if you borrow some sugar from a neighbour, you can give back the same amount of sugar, but it will not be the exact sugar that you borrowed in the first place.
Example
In deciding on its ... method of accounting, a business first determines whether the products it sells are fungible or unique.
