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Aug 19, 2014
This week's theme
Miscellaneous words

This week's words
presentiment
fungible
plangent
deportment
puissance

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A.Word.A.Day
with Anu Garg

fungible

PRONUNCIATION:
(FUHN-juh-buhl)

MEANING:
adjective: Interchangeable.

ETYMOLOGY:
From Latin fungi (to perform in place). Earliest documented use: 1765.

NOTES:
When you lend someone a dollar bill, you don't care if he returns the same bill or a different one because money is fungible. Same with things such as gold, a cup of sugar, etc. However, if you lend someone your cell phone, you wouldn't be pleased if he returned a different phone even if it's exactly the same model. That would be an example of something nonfungible.

USAGE:
"Forbidden to own land for most of our two millennia of exile, we gradually became experts in accumulating capital, which is portable, easily inheritable, fungible, and expandable."
Ellen Frankel; Taking Stock; The Jerusalem Report (Israel); May 19, 2014.

See more usage examples of fungible in Vocabulary.com's dictionary.

A THOUGHT FOR TODAY:
There is only one way to achieve happiness on this terrestrial ball, and that is to have either a clear conscience or none at all. -Ogden Nash, poet (1902-1971)

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