merchantability


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mer·chant·a·ble

 (mûr′chənt-ə-bəl)
adj.
Suitable for buying and selling; marketable.

mer′chant·a·bil′i·ty n.

merchantability

(ˌmɜːtʃəntəˈbɪlɪtɪ)
n
(Banking & Finance) the quality or state of being suitable for trading
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.merchantability - the state of being fit for marketmerchantability - the state of being fit for market; ready to be bought or sold
state - the way something is with respect to its main attributes; "the current state of knowledge"; "his state of health"; "in a weak financial state"
sale - the state of being purchasable; offered or exhibited for selling; "you'll find vitamin C for sale at most pharmacies"; "the new line of cars will soon be on sale"
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References in periodicals archive ?
Federal law does not pre-empt a patient's claim that a pharmaceutical company breached its implied warranty of merchantability by failing to comply with federal regulations when manufacturing medications, the 8th Circuit ruled on Jan.