Definition, Meaning & Synonyms
merchantability
Noun
/mɜːrˈtʃeɪn.tə.bɪl.ɪ.ti/
Definition
Merchantability refers to the ability of a product to be sold in the marketplace, ensuring that it meets the standards and expectations of consumers.
Examples
- The retailer guaranteed the merchantability of their products.
- In many contracts, there is an implied warranty of merchantability.
- They ensured the merchantability of the furniture before displaying it in the showroom.
Meaning
It signifies that the goods being sold are fit for the ordinary purposes for which such goods are used.
Synonyms
- Sellability
- Marketability
- Usability
