fungible
4 synonyms and 2 antonyms for fungible, grouped by meaning and by how common each one is.
Adjective — Able to be exchanged for another unit of the same kind without any difference in value, because every unit is identical in worth.
Synonyms
Everyday swaps
Common words most readers know — safe in any writing.
Rare, literary or technical
Precise, but they will stand out — check the sense before using one.
Antonyms
non-fungible
unique
How to use fungible
The word patterns that sound natural to a native speaker.
fungible asset
fungible commodity
perfectly fungible
money is fungible
Formal; mainly used in law, economics and finance, though it has spread into general writing through cryptocurrency.
Etymology
From medieval Latin fungibilis, from the phrase fungi vice, 'to serve in place of', from fungi, 'to perform'.
Full origin of fungible →Frequently asked questions
What does non-fungible mean?
Non-fungible means each item is one of a kind and cannot be swapped for an identical one at equal value. A specific painting is non-fungible; a pound coin is fungible. That is the idea behind an NFT, or non-fungible token, which records ownership of a unique digital item.
What is the difference between fungible and liquid?
Fungible describes whether units are interchangeable with each other. Liquid describes how quickly something can be turned into cash without losing value. Gold is highly fungible and fairly liquid; a house is neither.
Are all currencies fungible?
In principle yes, since one banknote spends like another of the same denomination. In practice fungibility can break down when units are traceable, which is why some cryptocurrency coins with tainted transaction histories are treated as worth less.
