Wednesday, January 22, 2014


Fungible: adjective: Replaceable of exchangeable for a similar item.

Though not as obscure as other strange English words, fungible looks deceptively like fungus and edible, which might put you in the mind of edible fungi. This word is actually an economic term meaning replaceable or exchangeable for another of its kind.  Currency is a fungible commodity; you can use any $20 bill to pay for a $20 item.

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