fungible

EnglishEdit

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EtymologyEdit

1765 as noun, 1818 as adjective, from Medieval Latin fungibilis, from Latin fungor (I perform, I discharge a duty) (English function) +‎ -ible (able to). Originally legal term.[1]

PronunciationEdit

AdjectiveEdit

fungible (comparative more fungible, superlative most fungible)

  1. (finance and commerce) Able to be substituted for something of equal value or utility; interchangeable, exchangeable, replaceable.
    • 1876 [1877], Samuel Dana Horton, Silver and Gold and Their Relation to the Problem of Resumption, page 116:
      Gold is fungible. Silver is fungible; that is, these metals are both so homogeneous that, if I get a pound of pure gold, for example, it is indifferent to me whether it be this pound or that pound, one is as good as another
    • 2011, Will Self, “The frowniest spot on Earth”, London Review of Books, XXXIII.9:
      At the core of Kasarda’s conception of the aerotropolis lies the notion that space – unlike time – is fungible.

Derived termsEdit

TranslationsEdit

NounEdit

fungible (plural fungibles)

  1. (chiefly in the plural) Any fungible item.

ReferencesEdit

  1. ^ fungible” in Douglas Harper, Online Etymology Dictionary (2001).

CatalanEdit

EtymologyEdit

From Latin fungor (discharge a duty) +‎ -ible.

AdjectiveEdit

fungible m, f (masculine and feminine plural fungibles)

  1. fungible
Last modified on 31 March 2014, at 13:57