The Collaborative International Dictionary of English v.0.48:

Merchandise \Mer"chan*dise\, n. [F. marchandise, OF.
   marcheandise.]
   1. The objects of commerce; whatever is usually bought or
      sold in trade, or market, or by merchants; wares; goods;
      commodities. --Spenser.
      [1913 Webster]

   2. The act or business of trading; trade; traffic.
      [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

Merchandise \Mer"chan*dise\, v. i. [imp. & p. p. Merchandised;
   p. pr. & vb. n. Merchandising.]
   To trade; to carry on commerce. --Bacon.
   [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

Merchandise \Mer"chan*dise\, v. t.
   To make merchandise of; to buy and sell. "Love is
   merchandised." --Shak.
   [1913 Webster]

WordNet (r) 3.0 (2006):

merchandise
    n 1: commodities offered for sale; "good business depends on
         having good merchandise"; "that store offers a variety of
         products" [syn: merchandise, ware, product]
    v 1: engage in the trade of; "he is merchandising telephone
         sets" [syn: trade, merchandise]

Moby Thesaurus II by Grady Ward, 1.0:

53 Moby Thesaurus words for "merchandise":
   advertise, be in, buy and sell, carry, close out, commodities,
   convert into cash, cut under, deal in, distribute, dump,
   effect a sale, effects, goods, handle, job, job lot, line,
   make a sale, market, move, produce, products, promote, provender,
   provisions, publicize, resell, retail, sacrifice, sell, sell off,
   sell on consignment, sell out, sell over, sell retail, sell short,
   sell up, sell wholesale, staples, stock, supplies, trade, trade in,
   traffic in, turn into money, turn over, undercut, undersell,
   unload, vendibles, wares, wholesale