Fu‐gac″i‐ty (?), a. [L fugacitas: cf. F. fugacité.] 1. The quality of being fugacious; fugaclousness; volatility; as, fugacity of spirits. Boyle.
2. Uncertainty; instability. Johnson.
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Webster's Dictionary 1913
Webster's Revised Unabridged Dictionary, C. & G. Merriam Co., 1913.