COMMERCE

Commerce

Commerce is the whole system of an economy that constitutes an environment for business. The system includes legal, economic, political, social, cultural and technological systems that are in operation in any country. Thus, commerce is a system or an environment that affects the business prospects of an economy or a nation-state. It can also be defined as a component of business which includes all activities, functions and institutions involved in transferring goods from producers to consumers.

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commerce

Noun

  1. The exchange or buying and selling of commodities; especially the exchange of merchandise, on a large scale, between different places or communities; extended trade or traffic.
  2. Social intercourse; the dealings of one person or class in society with another; familiarity.
  3. Sexual intercourse.
  4. A round game at cards, in which the cards are subject to exchange, barter, or trade.

Verb

  1. To carry on trade; to traffic.
    Beware you commerce not with bankrupts. -B. Jonson.
  2. To hold intercourse; to commune.
    Commercing with himself. -Tennyson.
    Musicians ... taught the people in angelic harmonies to commerce with heaven. -Prof. Wilson.


The above text is a snippet from Wiktionary: commerce
and as such is available under the Creative Commons Attribution/Share-Alike License.

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