Definitions of "fungible"
  1. A quality of a substance or item, like money or a commodity, where any portion of it can be replaced with another of the same value for purposes such as settling a debt or balancing an account
  2. An attribute referring to an item that can have any part of it replaced with another of equal value
How to use "fungible" in a sentence
  1. Because grain is fungible, any bushel of wheat can be replaced with another one of equal quality and dollar value.
  2. Money is fungible, so it doesn't matter if you lose a particular bill because it can be replaced by another one of the same denomination.
  3. Since petroleum is fungible, any given gallon can be traded or replaced with another of identical quality and value.

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