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  2. Dictionary

    com·merce
    [ˈkämərs]
    noun
    commerce (noun)
    1. the activity of buying and selling, especially on a large scale:
      "the possible increase of commerce by a great railroad"
    2. dated
      social dealings between people:
      "outside the normal commerce of civilized life"
    Origin
    mid 16th century (in commerce): from French, or from Latin commercium ‘trade, trading’, from com- ‘together’ + mercium (from merx, merc- ‘merchandise’).
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  3. People also ask
    What is commerce?trade, especially between countries; the buying and selling of goods and services Leaders of industry and commerce met at the summit in Paris. Want to learn more? Definition of commerce noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
    What is the difference between business and commerce?business may be an inclusive term but specifically designates the activities of those engaged in the purchase or sale of commodities or in related financial transactions. commerce and trade imply the exchange and transportation of commodities.
    What are the characteristics of Commerce?Come let’s talk about its characteristics: Commerce provides the necessary link amidst the producers of goods and consumers of goods. It is known for the exchange of goods and services for adequate consideration. Commerce covers the services delivered by various organizations, to facilitate the free flow of goods and services.
    What is the difference between trade and commerce?Commerce is different from trade as well. Trade is the transaction (buying and selling) of goods and services that makes a profit for the seller and satisfies the want or need of the buyer. When trade is carried out within a country, it is called home or domestic trade, which can be wholesale or retail.
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