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fungible

   Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia 0.03 sec.
fungible [′fən·jə·bəl]
(chemical engineering)
Pertaining to petroleum products whose characteristics are so similar they can be commingled.


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It is important for brokers to emphasize that all homes are not equal and that real estate is not fungible.
The archdiocese, of course, treats this money as fungible, usable for settlements or any other church purpose as it desires.
The government supported its "indirect" tracing approach by arguing that cash is fungible.
 
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