- (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: Appliances are usually fungible—that is, they can be replaced with cash or a similar item of equal value.
- capable of being exchanged or interchanged; interchangeable: Neither ethanol nor biodiesel is fully fungible with petroleum-based fuels.Large corporations are likely to view both customers and employees as fungible, replaceable commodities.
- 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