law merchant


noun
  1. the principles and rules, drawn chiefly from custom, determining the rights and obligations of commercial transactions; commercial law.

Origin of law merchant

1
First recorded in 1615–25

Words Nearby law merchant

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How to use law merchant in a sentence

British Dictionary definitions for law merchant

law merchant

noun
  1. mercantile law the body of rules and principles determining the rights and obligations of the parties to commercial transactions; commercial law

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