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Definition of fungible adjective from the Oxford Advanced Learner's Dictionary

fungible

adjective
 
/ˈfʌndʒəbl/
 
/ˈfʌndʒəbl/
(law)
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  1. something that is fungible can be replaced by something else that is exactly the same
    • Cryptocurrency, like other forms of money, is fungible.
    Word OriginMid 17th century: from medieval Latin fungibilis, from Latin fungi ‘perform, enjoy’, with the same sense as fungi vice ‘serve in place of’.

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