fungible things

Definition of "fungible things"
  1. 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
How to use "fungible things" in a sentence
  1. The trader bought a ton of wheat from the farmer because these fungible things were identical in quality.
  2. He invested in stocks because these fungible things are highly interchangeable.
  3. The construction company ordered a truck of gravel, considering these fungible things as equivalent in quality and value.

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