fungible finance definition
fungible noun [C]. âº COMMERCE, FINANCE, LAW something such as a âcurrency, âshare, or âgoods, that can easily be âexchanged for others of the same âvalue and âtype: Several million âdollars of fungibles were âillicitly âmoved from the âbank. fungibility noun [U] âº Cash has the âadvantage of fungibility. noun [U].