Merriam-Webster defines "fungibility" as "being something (such as money or a commodity) of such a nature that one part or quantity may be replaced by another equal part or quantity in paying a debt or settling an account."

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Here's an example.

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Joanne wants to help her son Max because he's struggling financially. One day, she writes Max a check for $500--but there's a caveat. Joanne knows that Max wants to buy an HDTV, so she tells him that the money must be deposited in his savings account, or used only on essentials (like rent or groceries). Joanne explicitly forbids Max from using her gift to buy himself an HDTV. 

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Max's monthly expenses would normally prohibit the purchase of the $500 TV. After paying for rent, wireless, student loans, and food, Max is usually left with only $200 in his checking account. Meanwhile, he only has about $300 in savings.

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Honoring his mother's demand, Max deposits the check into savings. Now he has $800 in his account. He then transfers the original $300 from his savings into his checking, and buys an HDTV for $500. Max can certainly claim he didn't spend his mother's money on the TV, but her money did allow him to purchase it.

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That's fungibility; money floats around. Even if federal law like the Hyde Amendment prohibits taxpayer dollars from directly funding abortions, federal money can be used elsewhere within the Planned Parenthood organization so that other funds can be reallocated for abortion services.

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The pro-choice lobby tries to deceive Americans by citing the Hyde Amendment every time Republicans threaten to pull federal funding from Planned Parenthood. They claim those funds are only used for "women's health services," like cancer screenings and contraceptives.

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While such a claim may be true in the most technical sense, in the end, the fungibility of money within an organization means that taxpayers are indeed funding the termination of human life.