1: (adj) Of goods or commodities; freely exchangeable for or replaceable by another of like nature or kind in the satisfaction of an obligation

2: (n) A commodity that is freely interchangeable with another in satisfying an obligation

3: (n)(Slang) Items which are simultaneously the product of fungal growth--typically bluish, small and phallic in appearance--and devilishly fun.
Hamish's enjoyment of the Roasted Mensch weekend was greatly amended by his liberal intake of fungibles.
by Evan M December 4, 2004
Get the fungible mug.
Term used to describe something that is easily changeable and/or open to change - unlike a certain DBA manager I know.
One could not describe his objectivity regarding a certain DB company located on the West Coast as 'fungible'.
by Scary Potter April 21, 2008
Get the fungible mug.
When two or more assets are interchangeable.
A security is fungible if it is perfectly interchangeable with any other of the same type and class.
by FAST DWAC November 10, 2012
Get the FUNGIBLE mug.
PNGs and JPEGs that cost tons of money but does nothing

A.K.A scam
Person 1: Hey dude, I just made a red monkey Non-fungible token.

Person 2: That hits hard, gonna take a screenshot.
by FreeHongKong8964 December 9, 2021
Get the non-fungible token mug.
NFD or Non-Fungible Dumbass is a person who buys NFTs thinking they will uphold their value or will increase in value.
Person 1: Hey check out this NFT I bought!
Person 2: How much was it?
Person 1: $15,000 why?
Person 2: Do you really think it will uphold a value of 15,000 dollars?
Person 1: Yes!
Person 2: You NFD (Non-Fungible Dumbass).
by Vortex-One September 26, 2022
Get the NFD (Non-Fungible Dumbass) mug.