BusinessAugust 28, 2026
fungibility
FUN-juh-BIL-uh-tee
Definition
The property of being mutually interchangeable, where individual units of a commodity or resource are equivalent and can be easily substituted for one another.
Etymology
Derived from the Medieval Latin 'fungibilis', from the verb 'fungi', meaning 'to perform' or 'to serve in place of', which eventually evolved into the legal and economic term for interchangeable goods.
In the news
In this article, the CEO discusses the fungibility of compute, networking, and memory components, highlighting how their ability to be swapped and adapted drives new design wins and customer adoption.
Marvell Technology Inc (MRVL) (Q2 2027) Earnings Call Highlights: Record Revenue and Massive ... By GuruFocus
Read the full article ↗Investing.com Canada