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Definition of: fungible
(fun′jə·bəl) adjective
1. Capable of being replaced in kind, as movables.
2. That may be measured, counted, or weighed.
—noun
1. Anything fungible.
2. Law A thing of which one portion may be taken or used in the place of another portion to fulfil an obligation. [<Med. L fungibilis <fungi perform]
—fun′·gi·bil′i·ty noun
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