fun·gi·ble

[fuhn-juh-buhl]
adjective Law.
(especially of goods) being of such nature or kind as to be freely exchangeable or replaceable, in whole or in part, for another of like nature or kind.

Origin:
1755–65; < Medieval Latin fungibilis, equivalent to Latin fung(ī) to perform the office of + -ibilis -ible

fun·gi·bil·i·ty, noun
non·fun·gi·ble, adjective
un·fun·gi·ble, adjective

frangible, fungible.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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Collins
World English Dictionary
fungible (ˈfʌndʒɪbəl) [Click for IPA pronunciation guide]
 
n
1.  (often plural) moveable perishable goods of a sort that may be estimated by number or weight, such as grain, wine, etc
 
adj
2.  having the nature or quality of fungibles
 
[C18: from Medieval Latin fungibilis, from Latin fungī to perform; see function]
 
fungi'bility
 
n

Collins English Dictionary - Complete & Unabridged 10th Edition
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00:10
Fungible is always a great word to know.
So is bezoar. Does it mean:
a calculus or concretion found in the stomach or intestines of certain animals, esp. ruminants, formerly reputed to be an effective remedy for poison.
a fool or simpleton; ninny.
Etymonline
Word Origin & History

fungible
1765 (n.), 1818 (adj.), a word in law originally, from M.L. fungibilis, from fungi "perform," as in fungi vice "to take the place" (see function).
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
Facility used for the bulk storage of fungible commodities.
But other less fungible or reproducible aspects of content cannot easily be
  instantiated or transferred.
Oil is a fungible commodity: it flows to the highest bidder.
Money is fungible and efforts to tie repatriated funds to new investment and
  hiring failed.
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