commerce

noun
com·​merce | \ ˈkä-(ˌ)mərs How to pronounce commerce (audio) \

Definition of commerce

 (Entry 1 of 2)

1 : social intercourse : interchange of ideas, opinions, or sentiments … a negotiated peace that will reestablish intellectual commerce among them …— P. B. Rice
2 : the exchange or buying and selling of commodities on a large scale involving transportation from place to place a major center of commerce interstate commerce

commerce

verb
com·​merce | \ ˈkä-(ˌ)mərs How to pronounce commerce (audio) , kə-ˈmərs\
commerced; commercing

Definition of commerce (Entry 2 of 2)

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Synonyms for commerce

Synonyms: Noun

business, marketplace, trade, traffic

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Choose the Right Synonym for commerce

Noun

business, commerce, trade, industry, traffic mean activity concerned with the supplying and distribution of commodities. business may be an inclusive term but specifically designates the activities of those engaged in the purchase or sale of commodities or in related financial transactions. commerce and trade imply the exchange and transportation of commodities. industry applies to the producing of commodities, especially by manufacturing or processing, usually on a large scale. traffic applies to the operation and functioning of public carriers of goods and persons.

Examples of commerce in a Sentence

Noun

He was the Secretary of Commerce under the last President. a government agency in charge of regulating interstate commerce

Recent Examples on the Web: Noun

But retail work in America has been in decline for two and a half years; ongoing shrinkage may not signal recession, but the structural economic shift towards e-commerce. The Economist, "Parts of America may already be facing recession," 31 Aug. 2019 As tariffs spread, more markets become unavailable to a host of American industry, the gears of commerce grind to a halt and companies are forced to lay off workers. David A. Andelman For Cnn Business Perspectives, CNN, "Trump is taking us back to depression-era trade policy," 30 Aug. 2019 Since 1980, the federal government has revised dietary guidelines every five years, and the recommendations have a wide impact on American health and commerce. Laura Reiley, Washington Post, "How the Trump administration limited the scope of the USDA’s 2020 dietary guidelines," 30 Aug. 2019 James Reardon, 20, of New Middletown, was charged with a federal count of transmitting threatening communications via interstate commerce. Phil Helsel, NBC News, "Ohio white nationalist charged with making threat against Jewish center," 30 Aug. 2019 The tactic shows the influence that Amazon can wield over what's sold on its site, which research firm eMarketer expects to account for 37.7% of all e-commerce sales in the United States this year. Author: Jay Greene, Anchorage Daily News, "Aggressive Amazon tactic pushes you to consider its own brand before you click ‘buy’ amazon," 29 Aug. 2019 In addition, e-commerce was not very popular back then. Itika Sharma Punit, Quartz India, "A former Indian Goldman Sachs executive is building the “Netflix of furniture”," 29 Aug. 2019 This strategy is also animated by the rising adoption in Africa of smartphones, the growth of account-to-account interoperability, besides the ancillary industries like e-commerce facilitated by mobile money. Abdi Latif Dahir, Quartz Africa, "Africa’s biggest bank is going after the continent’s informal markets," 28 Aug. 2019 In the lawsuit, filed last week in federal court, the pet stores say the statute violates the Constitution’s commerce and equal protection clauses and conflicts with a federal animal welfare law. Scott Dance, baltimoresun.com, "Pet stores Just Puppies, Charm City Puppies sue Maryland, saying puppy mill law violates the Constitution," 27 Aug. 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'commerce.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of commerce

Noun

1537, in the meaning defined at sense 1

Verb

1596, in the meaning defined above

History and Etymology for commerce

Noun and Verb

Middle French, from Latin commercium, from com- + merc-, merx merchandise

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More Definitions for commerce

commerce

noun

Financial Definition of commerce

What It Is

Commerce is the exchange of goods, services or commodities on a large scale.

How It Works

Nearly every business transaction is a form of commerce: purchasing food at a restaurant, buying stocks on the stock market, selling goods in a store, drilling for oil, etc.

The financial industry often breaks down commerce into more specific categories. For example, international commerce takes place between countries, interstate commerce is done across state lines, and electric commerce (e-commerce) takes place via the Internet.

Why It Matters

Commerce is the fundamental action that takes place in every transaction involving money and/or trade. It is the basic component of the business and financial world.

In most countries, commerce is regulated; the extent of the regulation is a reflection of monetary policy, fiscal policy and political conditions. In the U.S., the Department of Commerce has a broad mandate to advance economic growth and job opportunities for Americans. It has a broad range of responsibilities, a very small sample of which includes gathering and releasing data on GDP, performing the decennial census, and running the Patent and Trademark Office.

Source: Investing Answers

commerce

noun

English Language Learners Definition of commerce

: activities that relate to the buying and selling of goods and services

commerce

noun
com·​merce | \ ˈkä-mərs How to pronounce commerce (audio) , -ˌmərs\

Kids Definition of commerce

: the buying and selling of goods especially on a large scale and between different places : trade

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commerce

noun
com·​merce

Legal Definition of commerce

1 : the exchange or buying and selling of goods, commodities, property, or services especially on a large scale and involving transportation from place to place : trade sense 2