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From Biology-Online Dictionary | Biology-Online Dictionary
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1. Things which may be furnished or restored in kind, as distinguished from specific things; called also fungible things.

2. Movable goods which may be valued by weight or measure, in contradistinction from those which must be judged of individually.

Origin: LL. (res) fungibiles, probably fr. L. Fungi to discharge. A barbarous term, supposed to have originated in the use of the words functionem recipere in the Digeste. Bouvier. Called fungibiles, quia una alterius vice fungitur. john Taylor (1755). Cf. Function.