Saturday, September 08, 2007

a fungible feast

fungible - Definitions from -- In my email this morning, I got notice that the word for the day is "fungible," which word I heard bandied about by the upper-echelon staff of Cuyahoga County and the county commissioners with regard to the Breuer Tower demolition financing, the MedicalMartConventionCenter, and the 1/4% tax increase for what merely goes without restriction or earmarking to the general fund. Here's the whole entry so you, too, can begin to speak in the hip financial parlance of the people you elected or hired to know what's best for you.

Word of the Day for Saturday, September 8, 2007

fungible \FUHN-juh-buhl\, adjective:

1. (Law) Freely exchangeable
for or replaceable by another of like nature or kind in the satisfaction of an obligation.

2. Interchangeable.

3. Something that is exchangeable or substitutable. Usually used in the plural.

People think this tax is for Social Security. But tax monies are really fungible. They get raided all the time.-- Eugene Ludwig, "Motivated to Work," interview by Kerry A. Dolan", Forbes, March 20, 2000

The setting is Ireland in the 1950's, but, a cynical reader might reflect, this sort of fiction is so common that the characters will be completely fungible.-- Susan Isaacs, "Three Little Girls From School", New York Times, December 30, 1990

Genuine eros makes us desire a particular person; crude desire is satisfiable by fungible bodies.-- Edward Craig (general editor), Routledge Encyclopedia of Philosophy

Fungible comes from Medieval Latin fungibilis, from Latin fungi (vice),
"to perform (in place of)." Entry and
Pronunciation for fungible

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