Word of the day

The word for today is…

fungible (adj) – 1. (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. Interchangeable.

(noun) – – (often fungibles – Law) Something that is fungible.

Source : The Free Dictionary

Etymology : “Capable of being used in place of another; capable of being replaced,” 1818, a word in law originally, from Medieval Latin fungibilis, from Latin fungi “perform” via phrases such as fungi vice “to take the place.” Earlier as a noun (1765).

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