" It's used specifically to mean that there are no guarantees about the condition. You may buy something from a store that was used as the floor model - it's not exactly used, but it's not new either. " if there's a scratch or a dent, that's how it comes.
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Thank you--I was struggling with this as well. I used in the sentence, "Unless I am mistaken, I think that that sentence is fine as is." I really wanted to get it right since I was talking about grammar.
Also, I thought "IMHO" meant "in my honest opinion."