What context can I use each word in?
Learn when and how to use these words with these examples!
fungibility
Example
Gold is a fungible commodity because one ounce of gold is equivalent to any other ounce of gold. [fungible: adjective]
Example
The company's shares are fungible, meaning they can be traded on the stock market without affecting their value. [fungible: adjective]
replaceability
Example
The broken part in the machine was easily replaceable with a new one. [replaceable: adjective]
Example
The manager decided to replace the underperforming employee with someone more qualified. [replace: verb]
Good things to know
Which word is more common?
Replaceability is more commonly used than fungibility in everyday language. Replaceability is a versatile term that can be used in various contexts, while fungibility is a technical term that is more specific to economics or finance.
What’s the difference in the tone of formality between fungibility and replaceability?
Fungibility is a technical term that is typically used in formal or academic contexts, while replaceability is a more general term that can be used in both formal and informal settings.
