marketability

marketable, marketability

An attribute that may or may not be associated with a security. A security is considered to be marketable if it is readily salable to buyers in an active secondary market. As defined by the Office of the Comptroller of the Currency ( OCC) (12 CFR 1), marketable means that the security:

(1) Is registered under the Securities Act of 1933,15 USC 77a et seq.;

(2) Is a municipal revenue bond exempt from registration under the Securities Act of 1933, 15 USC 77c( a)(2);

(3) Is offered and sold pursuant to Securities and Exchange Commission Rule 144A,17 CFR 230.144, and rated investment grade or is the credit equivalent of investment grade; or

(4) Can be sold with reasonable promptness at a price that corresponds reasonably to its fair value. American Banker Glossary

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A negotiable security is said to have good marketability if there is an active secondary market in which it can easily be resold. Bloomberg Financial Dictionary

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marketable mar‧ket‧a‧ble [ˈmɑːktəbl ǁ ˈmɑːr-] adjective

marketable goods, services, skills etc can be sold easily because people and organizations want them:

• It's a long, uncertain path from the laboratory to marketable drugs.

• Because he has no higher education or marketable work skills, he is limited to unskilled jobs.

— marketability noun [uncountable] :

• The reason for the discount is the lack of marketability of the shares.

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marketability UK US /ˌmɑːkɪtəˈbɪləti/ noun [U]

► MARKETING the fact of being easy to sell: »

We want U.S. manufacturers be able to compete in foreign countries in terms of price and marketability.