Definition of merchantable adjective from the Oxford Advanced Learner's Dictionary

 

merchantable

 adjective
adjective
BrE BrE//ˈmɜːtʃəntəbl//
 
; NAmE NAmE//ˈmɜːrtʃəntəbl//
 
(law)
 
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in a good enough condition to be sold of merchantable quality Goods must be of merchantable quality. Word Origin late 15th cent.: from the obsolete verb merchant ‘haggle, trade as a merchant’, from Old French marchander, from marchand ‘merchant’.
See the Oxford Advanced American Dictionary entry: merchantable