Definify.com
Webster 1913 Edition
Fungibles
Fun′gi-bles
,Noun.
pl.
[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
.] 1.
(Civ. Law)
Things which may be furnished or restored in kind, as distinguished from specific things; – called also
fungible things
. Burrill.
2.
(Scots Law)
Movable goods which may be valued by weight or measure, in contradistinction from those which must be judged of individually.
Jamieson.