fungible
Freely exchangeable units
Fungible describes things that are interchangeable because individual units are identical in value or function.
One dollar bill is fungible with any other dollar bill.
Commodities like wheat or oil are fungible—a barrel from one source equals a barrel from another.
In legal and financial contexts, fungibility allows substitution without loss: The stolen funds were fungible with legitimate deposits.
The opposite is non-fungible, recently popularized by NFTs (non-fungible tokens), which are unique digital assets.
Able to replace another
- substitutableCapable of being exchanged
- replaceableAble to be exchanged
- equivalentSame in value or function
- convertibleCar with folding roof
swappable · exchangeable · commutable · permutable · transposable · switchable · reciprocal · mutual
Cereal plant's harvest unit
silver · copper · soybeans · coffee · sugar · cotton · lumber · crude
Medium of exchange
- moneyCurrency for transactions
- securitiesTradeable financial assets
- stocksOwnership stakes or inventory
- bondsTies that unite
equities · commodities · derivatives · assets · capital · bullion · fiat · cryptocurrency
Direct goods-for-goods exchange
- swapExchange one for another
- exchangeMutual giving and receiving
- transactionExchange of goods/money
- tradingExchanging for value
marketplace · negotiation · deal · arbitrage · brokerage · wholesale · retail · merchandising
interchangeable
Able to replace another
- substitutableCapable of being exchanged
- replaceableAble to be exchanged
- equivalentSame in value or function
convertible · swappable · exchangeable · commutable · permutable · transposable · switchable · reciprocal · mutual · indistinguishable
grain
Cereal plant's harvest unit
gold · silver · copper · soybeans · coffee · sugar · cotton · lumber · crude · natural gas
currency
Medium of exchange
- moneyCurrency for transactions
- securitiesTradeable financial assets
- stocksOwnership stakes or inventory
bonds · equities · commodities · derivatives · assets · capital · bullion · fiat · cryptocurrency · tokens
barter
Direct goods-for-goods exchange
- swapExchange one for another
- exchangeMutual giving and receiving
- transactionExchange of goods/money
trading · marketplace · negotiation · deal · arbitrage · brokerage · wholesale · retail · merchandising · procurement
- backupsbackup copy, backup file, backup drive, backup system, backup generator
- expendabledisposable, replaceable, dispensable, expendable, redundant
- extrasextra, add-ons, add-on, extras, addition
- money wordsvalue, worth, wealth, poverty, costly
fungiblenonfungible
Not mutually substitutable
non-fungible · noninterchangeable · unexchangeable · irreplaceable · incommensurable
fungibleunique
Only one exists
one-of-a-kind · irreplaceable · singular · distinctive · individual
- non-fungible tokensBlockchain-verified unique digital assets