փոխադարձ փոխարինելի

փոխադարձ փոխարինելի

You can't tell them apart. Something is fungible when any one single specimen is indistinguishable from any other. Somebody who is owed $1 does not care which particular dollar he gets. Anything that people want to use as money must be fungible, whether it be gold bars, beads or shells.

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Part of Speech: noun
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Industry/Domain: Economy
Category: Economics
Company: The Economist
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