PoliticsAugust 22, 2026

fungible

FUN-juh-bul

Definition

Capable of being substituted or replaced by another identical or equivalent item, specifically referring to how money or goods are interchangeable.

Etymology

Derived from the medieval Latin 'fungibilis', from the verb 'fungi', meaning 'to perform' or 'to serve in place of'.

In the news

The author argues that because money is fungible, any commercial trade with Iran provides the regime with interchangeable hard currency that they can use to fund prohibited activities.

AMB GORDON SONDLAND: Our allies enjoyed a free ride trading with Iran. Trump is shutting that down

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www.kotaradio.com

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