• word of the day

    fungible

    fungible - Dictionary definition and meaning for word fungible

    Definition
    (noun) a commodity that is freely interchangeable with another in satisfying an obligation Definition
    (adj) of goods or commodities; freely exchangeable for or replaceable by another of like nature or kind in the satisfaction of an obligation
   Mnemonics (Memory Aids) for fungible

freely exchangeable = FUNgible

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