fungible (adj.)

1530s, "one's proper work or purpose; power of acting in a specific proper way," from French fonction (16c.) and directly from Latin functionem (nominative functio) "a performance, an execution," noun of action from funct-, past-participle stem of fungi "perform, execute, discharge," from PIE *bhung- "be of use, be used" (source also of Sanskrit bhunjate "to benefit, make benefit, atone," Armenian bowcanem "to feed," Old Irish bongaid "to break, harvest"), which is perhaps related to root *bhrug- "to enjoy." Meaning "official ceremony" is from 1630s, originally in church use. Use in mathematics probably was begun by Leibnitz (1692). In reference to computer operations, 1947.

*bhrūg-, Proto-Indo-European root meaning "to enjoy," with derivatives referring to agricultural products.

It forms all or part of: brook (v.) "to endure;" defunct; fructify; fructose; frugal; fruit; fruitcake; fruitful; fruition; fruitless; frumentaceous; function; fungible; perfunctory; tutti-frutti; usufruct.

It is the hypothetical source of/evidence for its existence is provided by: Latin frui "to use, enjoy," fructus "an enjoyment, proceeds, fruit, crops;" Old English brucan "use, enjoy, possess," German brauchen "to use."