Fungible - definition, pronunciation, transcription

Amer.  |ˈfənjəbəl|  American pronunciation of the word fungible
Brit.  |ˈfʌn(d)ʒɪb(ə)l|  British pronunciation of the word fungible

noun

- a commodity that is freely interchangeable with another in satisfying an obligation

adjective

- of goods or commodities; freely exchangeable for or replaceable by another of like nature or kind in the satisfaction of an obligation

Examples

Votes are fungible. That is, one vote is as good as any other vote.

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