Fungibility
PROPERTY OF A GOOD WHOSE INDIVIDUAL UNITS ARE ESSENTIALLY INTERCHANGEABLE
Fungible; Fungible things; Fungible goods; Fungible good; Non-fungible
In economics, fungibility is the property of a good or a commodity whose individual units are essentially interchangeable, and each of whose parts is indistinguishable from any other part. Fungible tokens are the ones that can be exchanged or replaced; for example, a $100 note can easily be exchanged for twenty $5 bills.