commerce
Origin of commerce
synonym study for commerce
Words nearby commerce
Other definitions for commerce (2 of 2)
MORE ABOUT COMMERCE
What does commerce mean?
Commerce refers to the buying and selling of goods and products, especially on a large scale, as in New York City is a major center of commerce where billions of dollars are exchanged every day.
The word commerce is almost always used to refer to business, trade, and the movement of things that are being bought and sold. Commerce can refer to either the exchange of goods between countries (international or foreign commerce) or the exchange that occurs within one country (domestic commerce).
Much less frequently, commerce is used to mean an exchanging of ideas or views as part of social interaction, as in The club promoted intellectual commerce among the students.
Commerce is similar to the word trade and the two words can generally be used as synonyms. Trade describes a more general exchange of goods and money, while commerce describes large-scale trading, such as at an interstate or international level, which requires large numbers of trucks, planes, and other delivery methods.
Example: After the war, the small country experienced an increase in commerce with neighboring countries because transporting products was safe again.
Where does commerce come from?
The first records of commerce come from around 1530. It ultimately comes from the Latin commercium, meaning “to trade together.” Commercium combines the prefix com-, meaning “together,” and mercārī, meaning “to buy or deal.” Commerce involves the buying and selling of merchandise and many other items.
Trade and business have been important for much of human history, encouraging exploration and bringing back new ideas, as well as products. Today, international and domestic commerce have strongly affected what countries do and how they interact with each other.
For example, the citizens of the United Kingdom voted to leave the European Union in 2016 in what is commonly referred to as Brexit. Fears that Brexit would weaken commerce between the UK and the rest of Europe haunted negotiations for years, with the UK struggling to reach an acceptable agreement with the EU.
Did you know … ?
What are some synonyms for commerce?
What are some words that share a root or word element with commerce?
What are some words that often get used in discussing commerce?
How is commerce used in real life?
Commerce is a word commonly used to discuss economics, trade, business, and other large instances of buying and selling.
Prime Minister Raja Pervez Ashraf has said that Pakistan is very keen to promote commerce and trade relations with Australia.
— PTV News (@PTVNewsOfficial) September 1, 2012
SCOTUS holds 7-1 that any robbery of a drug dealer or drug proceeds automatically involves interstate commerce and is a federal offense
— SCOTUSblog (@SCOTUSblog) June 20, 2016
WTO creates & embodies legal ground rules for global trade among member nations offering a system for international commerce. #WTOTalks
— KBC Channel1 News (@KBCChannel1) December 11, 2015
Try using commerce!
Which of the following words is NOT a synonym for commerce?
A. taxation
B. economics
C. trade
D. business