IPA: /mɜːrˈtʃəntəˌbɪlɪti/
KK: /ˈmɜrʧəntəˌbɪlɪti/
The quality or condition of being fit for sale or suitable for the market.
The merchantability of the goods was questioned due to their poor condition.
Merchantability → It is formed from "merchant" (from Old French *marchand*, meaning a trader or seller) and "-ability" (meaning the quality of being able to). The word "merchantability" refers to the quality of being fit for sale or trade.
Think of a 'merchant' who is a trader, and remember that 'merchantability' means the quality of being suitable for selling.