Pronunciation: /ˈfʌndʒəbəl/
noun Fungible can also be used as a noun to refer to something that is interchangeable or replaceable.
A1 Money is fungible, meaning one dollar is the same as another dollar.
A2 In economics, fungibles are goods that are interchangeable with other goods of the same type.
B1 The concept of fungibility is important in finance when dealing with assets like stocks and bonds.
B2 Fungibles play a crucial role in the trading of commodities on the global market.
C1 Investors often look for fungible assets that can easily be bought or sold without affecting the market price.
C2 The fungibility of cryptocurrencies has led to their widespread adoption as a means of exchange in the digital economy.
adjective Fungible is an adjective that describes something that is interchangeable or capable of being replaced by something else of equal value.
A1 Money is fungible, meaning one dollar is equivalent to another dollar.
A2 In economics, goods like oil or gold are considered fungible because they are interchangeable.
B1 Cryptocurrencies are often seen as fungible assets since one unit can be exchanged for another with the same value.
B2 When it comes to trading stocks, shares of the same company are fungible and can be easily bought or sold.
C1 The concept of fungibility is crucial in finance, where certain assets like bonds are considered fungible due to their identical characteristics.
C2 Legal tender, such as cash, is fungible because each unit is indistinguishable from another and holds the same value.
formal The company issued fungible securities that could be easily exchanged for cash.
informal I heard that those fungible tokens are really popular among investors.
slang I'm looking to trade some fungible items for better gear in the game.
figurative In the world of finance, fungible assets are like interchangeable puzzle pieces.
fingled
fungibles
more fungible
most fungible
fungle
will fungle
have fungled
is fungling
fungible
fungible
to fungle
fungling
fungled