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Fungible

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.01 sec.

A description applied to items of which each unit is identical to every other unit, such as in the case of grain, oil, or flour.

Fungible goods are those that can readily be estimated and replaced according to weight, measure, and amount.



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Obama, who is facing a flurry of testing problems at home, and a clutch of brewing foreign crises, is taking somewhat of a risk with his fungible political capital by holding the meeting at all.
Obama, who is facing a flurry of testing problems at home, and a clutch of brewing foreign crises, is taking somewhat of a risk with his fungible political capital by holding the meeting at all.
Too often, however, associates are considered transient and fungible, and do not receive necessary mentoring and feedback.
 
 
 
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