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fungible material

Defined in 1 dictionary — U.S. Code

United States Code

19 U.S.C. § 4033 — in this section

The term “fungible good” or “fungible material” means a good or material, as the case may be, that is interchangeable with another good or material for commercial purposes and the properties of which are essentially identical to such other good or material.

19 U.S.C. § 4531 — in this section

The term "fungible good" or "fungible material" means a good or material, as the case may be, that is interchangeable with another good or material for commercial purposes and the properties of which are essentially identical to such other good or material.

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