Concept information
Preferred term
fungibility of power resources
Definition
- A good is fungible if it is of such a nature as to be freely replaceable by another of like nature or kind without decreasing in value. Convertibility and mutual substitutability are hence forms of fungibility. [Source: Encyclopedia of Power; Fungibility of Power Resources]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/fungibility_of_power_resources
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