Fungibles

n. commodities that can be traded or replaced by an equal amount of a similar commodity

n. something that can traded or substituted

Noun
1. a commodity that is freely interchangeable with another in satisfying an obligation
(hypernym) commodity, trade goods, goods
Adjective
1. of goods or commodities; freely exchangeable for or replaceable by another of like nature or kind in the satisfaction of an obligation
(similar) exchangeable
(classification) law, jurisprudence

(n. pl.)
Things which may be furnished or restored in kind, as distinguished from specific things; -- called also fungible things.
  

(n. pl.)
Movable goods which may be valued by weight or measure, in contradistinction from those which must be judged of individually.
  

Bearer instruments, securities or goods that are equivalent, substitutable and interchangeable.

Goods which are comprised of many identical parts such as a bushel of grain or a barrel of apples or oil, and which can be easily replaced by other, identical goods. If the goods are sold by weight or number, this is a good sign that they are fungible. - (read more on Fungibles)