fungible


1: (adj) of goods or commodities; freely exchangeable for or replaceable by another of like nature or kind in the satisfaction of an obligation

2: (n) a commodity that is freely interchangeable with another in satisfying an obligation

3: (n)(slang) items which are simultaneously the product of fungal growth–typically bluish, small and phallic in appearance–and devilishly fun.
hamish’s enjoyment of the roasted mensch weekend was greatly amended by his liberal intake of fungibles.
term used to describe something that is easily changeable and/or open to change – unlike a certain dba manager i know.
one could not describe his objectivity regarding a certain db company located on the west coast as ‘fungible’.
when two or more -ssets are interchangeable.
a security is fungible if it is perfectly interchangeable with any other of the same type and cl-ss.

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