a system of political and economic policy, evolving with the modern national state and seeking to secure a nation's political and economic supremacy in its rivalry with other states. According to this system, money was regarded as a store of wealth, and the goal of a state was the accumulation of precious metals, by exporting the largest possible quantity of its products and importing as little as possible, thus establishing a favorable balance of trade.
Can You Ace This Quiz About “Compliment” vs. “Complement”?
Take this quiz to see if you really know the difference between “compliment” and “complement"!
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“Compliment” and “complement” had a shared meaning a long time ago, but today they are no longer interchangeable.
Origin of mercantile system
First recorded in 1770–80
Words nearby mercantile system
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020