fungible
able to be exchanged or substituted for an identical equivalent
Word origin: From Latin fungi, to perform or discharge, as in fungi vice, to serve in place of.
Fungible in a sentence
Here are example sentences showing fungible in a sentence.
Because the units of currency are fungible, any dollar is as good as another.
Because crude oil of a given grade is fungible, one barrel can settle a contract written for any other.
Using “fungible” well
Fungible describes goods whose individual units are interchangeable, such as currency or commodities. It is largely a term of economics and law, contrasting with goods valued for their uniqueness.
More GRE words starting with F
to make up something false in order to deceive
a deliberately false statement or invented account intended to mislead
a person who invents elaborate or untruthful stories
treating serious matters with inappropriate or flippant humor
achieved too easily and therefore superficial or shallow
to make an action or process easier or more achievable
a small, organized group within a larger one, especially one that is in opposition
inclined to form rival groups and provoke internal dissent
Questions about “fungible”
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