Goods which are comprised of many identical parts. For example, a bushel of grain, a barrel of apples or oil, which can be easily replaced by other identical goods. One of the tests of whether items are fungible or not is whether they can be sold by weight or number.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). fungibles. Retrieved September 29, 2026, from http://smartdefine.org/fungibles/definitions/1154728 |
| Chicago | Barry Goldsmith. 2010. "fungibles" http://smartdefine.org/fungibles/definitions/1154728 (accessed September 29, 2026). |
| Harvard | Barry Goldsmith 2010, fungibles, Smart Define, viewed 29 September, 2026, <http://smartdefine.org/fungibles/definitions/1154728>. |
| MLA | Barry Goldsmith. "fungibles" 21 October 2010. Web. 29 September 2026. <http://smartdefine.org/fungibles/definitions/1154728> |