What does commerce mean?

Definitions for commerce
ˈkɒm ərscom·merce

This dictionary definitions page includes all the possible meanings, example usage and translations of the word commerce.

Princeton's WordNet

  1. commerce, commercialism, mercantilismnoun

    transactions (sales and purchases) having the objective of supplying commodities (goods and services)

  2. Department of Commerce, Commerce Department, Commerce, DoCnoun

    the United States federal department that promotes and administers domestic and foreign trade (including management of the census and the patent office); created in 1913

  3. commercenoun

    social exchange, especially of opinions, attitudes, etc.

Wiktionary

  1. commercenoun

    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. commercenoun

    Social intercourse; the dealings of one person or class in society with another; familiarity.

  3. commercenoun

    Sexual intercourse.

  4. commercenoun

    A round game at cards, in which the cards are subject to exchange, barter, or trade.

  5. commerceverb

    To carry on trade; to traffic.

    Beware you commerce not with bankrupts. -B. Jonson.

  6. commerceverb

    To hold intercourse; to commune.

Samuel Johnson's Dictionary

  1. COMMERCEnoun

    Intercourse; exchange of one thing for another; interchange of any thing; trade; traffick.

    Etymology: commercium, Latin.

    Places of publick resort being thus provided, our repair thither is especially for mutual conference, and, as it were, commerce to be had between God and us. Richard Hooker, b. v. s. 17.

    How could communities,
    Degrees in schools, and brotherhoods in cities, Peaceful commerce from dividable shores,
    But by degree stand in authentick place? William Shakespeare, Troil. and Cress.

    Instructed ships shall sail to quick commerce,
    By which remotest regions are ally’d;
    Which makes one city of the universe,
    Where some may gain, and all may be supply’d. Dryden.

    These people had not any commerce with the other known parts of the world. John Tillotson.

    In any country, that hath commerce with the rest of the world, it is almost impossible now to be without the use of silver coin. John Locke.

  2. To Commerceverb

    To hold intercourse with.

    Etymology: from the noun.

    Come, but keep thy wonted state,
    With even step and musing gait,
    And looks commercing with the skies,
    Thy rapt’ soul sitting in thine eyes. John Milton.

Wikipedia

  1. Commerce

    Commerce is the large-scale organized system of activities, functions, procedures and institutions directly and indirectly related to the exchange (buying and selling) of goods and services among two or more parties within local, regional, national or international economies. More specifically, commerce is not business, but rather the part of business which facilitates the movement and distribution of finished or unfinished but valuable goods and services from the producers to the end consumers on a large scale, as opposed to the sourcing of raw materials and manufacturing of those goods. Commerce is subtly different from trade as well, which is the final transaction, exchange or transfer of finished goods and services between a seller and an end consumer. Commerce not only includes trade as defined above, but also a series of transactions that happen between the producer and the seller with the help of the auxiliary services and means which facilitate such trade. These auxiliary services include transportation, communication, warehousing, insurance, banking, financial markets, advertising, packaging, the services of commercial agents and agencies, etc. In other words, commerce encompasses a wide array of political, economical, technological, logistical, legal, regulatory, social and cultural aspects of trade on a large scale. From a marketing perspective, commerce creates time and place utility by making goods and services available to the customers at the right place and at the right time by changing their location or placement. Described in this manner, trade is a part of commerce and commerce is a part of business. Commerce was a costly endeavor in the antiquities because of the risky nature of transportation, which restricted it to local markets. Commerce then expanded along with the improvement of transportation systems over time. In the middle ages, long-distance and large-scale commerce was still limited within continents. With the advent of the age of exploration and oceangoing ships, commerce took an international, trans-continental stature. Currently the reliability of international trans-oceanic shipping and mailing systems and the facility of the Internet has made commerce possible between cities, regions and countries situated anywhere in the world. In the 21st century, Internet-based electronic commerce (where financial information is transferred over Internet), and its subcategories such as wireless mobile commerce and social network-based social commerce have been and continue to get adopted widely. Legislative bodies and ministries or ministerial departments of commerce regulate, promote and manage domestic and foreign commercial activities within a country. International commerce can be regulated by bilateral treaties between countries. However, after the second world war and the rise of free trade among nations, multilateral arrangements such as the GATT and later the World Trade Organization became the principal systems regulating global commerce. The International Chamber of Commerce (ICC) is another important organization which sets rules and resolves disputes in international commerce.

ChatGPT

  1. commerce

    Commerce is the exchange, buying, and selling of goods, products, or services between individuals, businesses, or entities, often facilitated through a medium of exchange such as money. It involves all the activities that are directly or indirectly connected with production, purchase, and sale of goods and services. This can include trade within a country or international trade, and encompasses economic, social, legal, technological, and political interactions.

Webster Dictionary

  1. Commercenoun

    the exchange or buying and selling of commodities; esp. the exchange of merchandise, on a large scale, between different places or communities; extended trade or traffic

  2. Commercenoun

    social intercourse; the dealings of one person or class in society with another; familiarity

  3. Commercenoun

    sexual intercourse

  4. Commercenoun

    a round game at cards, in which the cards are subject to exchange, barter, or trade

  5. Commerceverb

    to carry on trade; to traffic

  6. Commerceverb

    to hold intercourse; to commune

  7. Etymology: [Cf. F. commercer, fr. LL. commerciare.]

Wikidata

  1. 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.

Chambers 20th Century Dictionary

  1. Commerce

    kom′ėrs, n. interchange of merchandise on a large scale between nations or individuals: extended trade or traffic: intercourse: fellowship.—v.i. Commerce′, to trade: to have communication with.—adj. Commer′cial, pertaining to commerce: mercantile.—n. commercial traveller.—ns. Commer′cialism; Commer′cialist; Commer′ciality.—adv. Commer′cially.—Commercial room, a room in a hotel set apart for commercial travellers; Commercial traveller, a person who transacts business as the accredited travelling representative of a trading house to other trading houses. [Fr.,—L. commerciumcom, with, merx, mercis, merchandise.]

U.S. National Library of Medicine

  1. Commerce

    The interchange of goods or commodities, especially on a large scale, between different countries or between populations within the same country. It includes trade (the buying, selling, or exchanging of commodities, whether wholesale or retail) and business (the purchase and sale of goods to make a profit). (From Random House Unabridged Dictionary, 2d ed, p411, p2005 & p283)

Dictionary of Nautical Terms

  1. commerce

    Was not much practised by the Romans. The principal objects of their water-carriage were the supply of corn, still termed annona, and the tribute and spoils of conquered countries.

Editors Contribution

  1. commerce

    The system of businesses, companies, enterprises and organizations within an economy.

    The facets of commerce are varied and very interesting.


    Submitted by MaryC on March 7, 2020  

British National Corpus

  1. Nouns Frequency

    Rank popularity for the word 'commerce' in Nouns Frequency: #2181

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Numerology

  1. Chaldean Numerology

    The numerical value of commerce in Chaldean Numerology is: 6

  2. Pythagorean Numerology

    The numerical value of commerce in Pythagorean Numerology is: 3

Examples of commerce in a Sentence

  1. Greg Valliere:

    The markets can live happily with Pence, on trade in particular, pence would get along far better with the Chamber of Commerce and the free trade advocates. He'd shy away from tariffs.

  2. Harish Bijoor:

    E-commerce is a trust business today and without that you cannot achieve scale.

  3. Javier Capape:

    Logistics is the jewel in the crown – it's a very trendy sub-group within real estate because it is connected with e-commerce, sWFs are long-term investors looking for disruption - they are looking for the new winners.

  4. Wilbur Ross:

    To implement the president's G20 summit directive two weeks ago, Commerce will issue licenses where there is no threat to U.S. national security, within those confines, we will try to make sure that we don't just transfer revenue from the U.S. to foreign firms.

  5. Taylor Schreiner:

    We are on track for another blockbuster season for e-commerce.

Popularity rank by frequency of use

commerce#1#1924#10000

Translations for commerce

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"commerce." Definitions.net. STANDS4 LLC, 2024. Web. 15 Apr. 2024. <https://www.definitions.net/definition/commerce>.

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