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Suitable for buying and selling; marketable.
(Banking & Finance) the quality or state of being suitable for trading
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|Noun||1.||merchantability - 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"