fungible things
- Goods that are interchangeable, typically sold or delivered in bulk because one unit is essentially the same as another, such as grain, gravel, or identical securities
- The trader bought a ton of wheat from the farmer because these fungible things were identical in quality.
- He invested in stocks because these fungible things are highly interchangeable.
- The construction company ordered a truck of gravel, considering these fungible things as equivalent in quality and value.
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