fungible

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“
The male host says that the values are fungible, which is equivalent to saying, we have no values.

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Definitions (7)

Toggle American Heritage definitions American Heritage Dictionary (3)

  1. adjective Law Returnable or negotiable in kind or by substitution, as a quantity of grain for an equal amount of the same kind of grain.
  2. adjective Interchangeable.
  3. noun Something that is exchangeable or substitutable. Often used in the plural.

Toggle Century definitions Century Dictionary (2)

Toggle GNU Webster definitions GNU Webster's 1913

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Examples (50)

  • It is certainly true that our money is fungible -- a dollar from any other VC will buy as much as a dollar from August Capital.
  • Money is fungible, they say, so once the bailout check cleared, it got mixed up with the bank's own money. —  Island Packet: Home
  • The Wall Street Journal saw fit to publish a very fungible, sycophantic screed from the pro-torture attorney. —  WriteChic Press
  • Call them flexible or fungible, it is precisely this vulnerability that makes part-timers and adjuncts an expedient solution to budget shortfalls. —  The Nation: Top Stories
  • More recently, a similar displacement model for a fungible crop has surfaced in Mexico, where facilities producing methamphetamine and other drugs were established after the U.S. exerted intensified pressure on distributors in their country of origin. —  Council on Hemispheric Affairs
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Etymologies (2)

Toggle American Heritage etymologies American Heritage Dictionary (1)

  1. Medieval Latin fungibilis, from Latin fungī (vice), to perform (in place of).

Toggle Century etymologies Century Dictionary (1)

  1. from Middle Latin fungibilis, from Latin fungi, perform, discharge: see function.
 

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/ˈfəndʒɪbl/
by American Heritage

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