Fungibility Fungibility In economics, fungibility is the property of a good or a commodity whose individual units are essentially interchangeable. For example, since one kilogram of pure gold is equivalent to any other kilogram of pure gold, whether in the form of coins, ingots, or in other states, gold is fungible. Other fungible commodities include sweet crude oil, company shares, bonds, other precious metals, and currencies. Fungibility refers only to the equivalence of each unit of a commodity with other units of the same commodity and not to the exchange of one commodity for another, which is barter. The word "fungibility"
Ordo Aurum Solis by Melita Denning and Osborne Phillips, made itself evident in the frescos painted by Giotto (1270-1337) and was also incorporated into the construction of the Baptistery at Florence. The initiatory structure of Ordo Aurum Solis consists of three "Halls", preceded by a special training in the "Circle of the Pronaos". The three grades associated with the Halls of the Order are as follows: Various initiatic traditions existed in ancient Greece. These were called "Mysteries". In Greece the Mysteries of Eleusis, Samothrace, Orpheus, and Dionysus were among the most important, and in ancient Rome and across its empire, the Mithraic and