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Simple English definitions for legal terms
merchandise
Read a random definition: Mapp v. Ohio (1961)
A quick definition of merchandise:
Merchandise: Things that people buy and sell. It can be anything that is traded by people, like toys, clothes, food, and more. It does not include things like buildings, ships, or money. Merchandise is also another word for trade or buying and selling things to make money.
A more thorough explanation:
Merchandise refers to movable objects that are involved in trade or commerce. These objects are bought and sold by people. It can be any object that is traded regularly, such as goods, wares, or commodities. However, it does not include real estate, ships, software, or money.
For example, clothes, electronics, and toys are all examples of merchandise. When you go to a store, you can see different types of merchandise that are available for purchase. The store owner buys these items from a supplier and sells them to customers for a profit.
Merchandise also refers to the act of buying and selling goods. When a store owner sells merchandise, they are engaging in trade or commerce. They are trying to make a profit by selling goods to customers at a higher price than they paid for them.