being of such a nature that one part or quantity may be replaced by another equal part or quantity in the satisfaction of an obligation.
(of goods contracted for without an individual specimen being specified) Able to replace or be replaced by another identical item; mutually interchangeable
something that may be exchanged for an equivalent unit of the same class [n FUNGIBLES]
describes things, such as currency, goods, and commodities, that can be exchanged for something else of the same kind or value.
something that may be exchanged for a similar unit [n -S]