fungibility


Concise Oxford English Dictionary © 2008 Oxford University Press:
fungible /ˈfʌn(d)ʒɪb(ə)l/
adjective Law (of goods contracted for without an individual specimen being specified) replaceable by another identical item; mutually interchangeable.
– derivatives
fungibility noun.
– origin C17: from med. L. fungibilis, from fungi ‘perform, enjoy’.
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