merchantable
adjEtymology From merchant + -able.
1
Fit for the market, i.e. suitable for selling for an ordinary price. Sometimes, this is a technical designation for a particular kind or class.
- The defendants pleaded the general issue, with notice of the set-off, averring that but a part of the logs ever came to their possession, and of this part but a few were merchantable, the balance of them being worthless, and claiming damages for the inferior quality of the logs.March 1858, Nathan Clifford in the United States Supreme Court, Leonard v. Davis 66 U.S. 476
- Antonyms
- unmerchantable
- Derived terms
- merchantableness, nonmerchantable, submerchantable
- Related terms
- unmerchantable, merchantability