0 easy to exchange or trade for something else of the same type and value:
fungible goods/commodities
1 fungible goods are easy to exchange for others of the same type and value:
2 fungible shares, bonds, etc. are easy to trade for others of the same type and value :
fungible assets
3 something such as a currency, share, or goods, that can easily be exchanged for others of the same value and type:
The identity justification will count against the use of this power with respect to identity-constitutive property, though not with regard to fungible property.
She has failed to treat an appropriate fraction of her fungible property as a public trust and to use it to benefit others.
Here the substantial protection of the identity interest is not likely to be available, since such properties will characteristically be fungible.
Both of these factors are relevant: the loss is great, and, because the property interest is not fungible, money cannot properly make up for it.
If this goal is legitimate at all, the recognition of nonfungibility suggests, it provides far less reason for the compulsory purchase of nonfungible property than for that of fungible property.
Like currency, that other newly important way of thinking about value, time as fungible unit of commerce, provided the necessary abstraction to make sense of market exchange.
Brand recognition no longer requires individual practitioner recognition and opens the door for the fungible doctor.
I use the term 'media' mainly to refer to two-dimensional, fungible and superimposable inscriptions such as text, plans, maps, illustrations and so on.