merchantable
American Heritage Dictionary:
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mer·chant·a·ble
(mûr'chənt-ə-bəl) 
adj.
Suitable for buying and selling; marketable.
merchantability mer'chant·a·bil'i·ty n.
adj.
Suitable for buying and selling; marketable.
merchantability mer'chant·a·bil'i·ty n.
Barron's Business Dictionary:
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merchantable
1. salable.
2. reasonably fit for the purpose for which an article is manufactured and sold.
3. having at least average quality, compared to similar products.
| Merchant Bank, Merchant, Merchandising Director | |
| Mercosur/Mercosul, Merge, Mergent, Inc. |
West's Encyclopedia of American Law:
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Merchantable
This entry contains information applicable to United States law only.
Salable; of quality and type ordinarily acceptable among vendors and buyers.
An item is deemed merchantable if it is reasonably fit for the ordinary purposes for which such products are manufactured and sold. For example, soap is merchantable if it cleans. In general, a seller or manufacturer is required by law to make products of merchantable quality. In the event that the items do not meet with the proper standards, a suit can be brought against the seller or manufacturer by anyone who is injured as a result.
; sales.
See: product liability.
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American Heritage Dictionary
The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2009. Published by Houghton Mifflin Company. All rights reserved.
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Barron's Business Dictionary
Dictionary of Business Terms. Copyright © 2007 by Barron's Educational Series, Inc. All rights reserved.
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