Framing the Dialogue

Posts Tagged ‘shovel ready’

Fungible (fun-je-bul)

The dictionary defines fungible as:

  1. Returnable or negotiable in kind or by substitution, as a quantity of grain for an equal amount of the same kind of grain.
  2. Interchangeable
  3. of goods or commodities; freely exchangeable for or replaceable by another of like nature or kind in the satisfaction of an obligation

Synonyms:  changeable, commutable, compatible, converse, convertible, equivalent, exchangeable, interconvertible, mutual, reciprocal, reciprocative, same, substitutable, synonymous, workalike

Quote:

“People think this tax is for Social Security. But tax monies are really fungible. They get raided all the time.”

— Eugene Ludwig