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noun, Law.
a title to real property that is free from encumbrances, litigation, and other defects and that can readily be sold or mortgaged to a reasonable buyer or mortgagee.


Read Also:

  • Marketably

    [mahr-ki-tuh-buh l] /ˈmɑr kɪ tə bəl/ adjective 1. readily salable. 2. of or relating to selling or buying: marketable values; marketable areas. /ˈmɑːkɪtəbəl/ adjective 1. (of commodities, assets, etc) 2. of or relating to buying or selling on a market: marketable value adj. c.1600, from market + -able. Related: Marketably; marketability.

  • Market abuse

    noun 1. (in Britain) a statutory offence which covers insider trading and stockmarket manipulation

  • Market-analysis

    noun, Commerce. 1. the process of determining factors, conditions, and characteristics of a market.

  • Market-basket

    noun 1. a basket or cart for groceries. 2. a selected group of consumer goods and services whose cost is tracked for calculating a consumer price index and measuring the cost of living.

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