WordNet-Online
Free dictionary and thesaurus of English. Definitions, synonyms, antonyms and more...
Hint: double-click any word to get it searched!

	Enter your search terms Submit search form
	Web www.wordnet-online.com

Definitions from WordNet

Definitions from the Web

Merchantability

Definition: The quality or condition of being fit to be bought or sold, especially in terms of being marketable, sellable, or capable of satisfying the commercial requirements of a transaction.

Sense 1 (noun): The measure of how easily a product can be sold or traded in the market.

Sample Sentence: The success of a product's merchantability depends on various factors such as its quality, demand, and price.

Sense 2 (noun): A legal concept that implies that a product is fit for ordinary purposes and will be acceptable to a buyer under normal conditions.

Sample Sentence: The warranty of merchantability guarantees that the product is free from defects and suitable for its intended use.

Sense 3 (noun): The ability of a seller to legally transfer ownership of goods to a buyer, enabling the buyer to sell or dispose of the goods without any legal issues.

Sample Sentence: The merchantability of the goods allows the buyer to confidently distribute them across various locations.

Related products on Amazon: Marketable Products, Warranty of Merchantability