commerce

noun
com·​merce | \ ˈkä-(ˌ)mərs How to pronounce commerce (audio) \

Definition of commerce

 (Entry 1 of 2)

1 : social intercourse : interchange of ideas, opinions, or sentiments … a negotiated peace that will reestablish intellectual commerce among them …— P. B. Rice
2 : the exchange or buying and selling of commodities on a large scale involving transportation from place to place a major center of commerce interstate commerce

commerce

verb
com·​merce | \ ˈkä-(ˌ)mərs How to pronounce commerce (audio) , kə-ˈmərs\
commerced; commercing

Definition of commerce (Entry 2 of 2)

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Synonyms for commerce

Synonyms: Noun

business, marketplace, trade, traffic

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Choose the Right Synonym for commerce

Noun

business, commerce, trade, industry, traffic mean activity concerned with the supplying and distribution of commodities. 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. industry applies to the producing of commodities, especially by manufacturing or processing, usually on a large scale. traffic applies to the operation and functioning of public carriers of goods and persons.

Examples of commerce in a Sentence

Noun

He was the Secretary of Commerce under the last President. a government agency in charge of regulating interstate commerce

Recent Examples on the Web: Noun

In 2017, India’s third-largest of the private-sector bank, Axis Bank, had acquired Freecharge from e-commerce major Snapdeal for Rs 385 crore. Ananya Bhattacharya, Quartz India, "“Paytm karo” may be a habit for savvy Indians, but PhonePe’s catching up," 5 July 2019 New York’s streets have seen an increase in bicycling while also becoming more perilous, in part because of surging truck traffic fueled by the booming e-commerce industry. New York Times, "Cyclist Killed by Cement Truck and 2 Other Deaths Spur ‘Emergency’," 3 July 2019 Multiple sources tell Recode that the company is projecting losses of more than $1 billion for its US e-commerce division this year, on revenue of between $21 billion and $22 billion. Jason Del Rey, Vox, "Inside the conflict at Walmart that’s threatening its high-stakes race with Amazon," 3 July 2019 Matt works as an account manager in Chicago, while Jason is in New Orleans helping to manage the company's e-commerce system. Grace Connatser, Milwaukee Journal Sentinel, "Milwaukee's Standard Electric Supply Co. celebrates 100 years in business," 3 July 2019 Airstream has been hard at work on new products, including two compact travel trailers, a top-notch line of Class B camper vans, and a millennial-friendly e-commerce shop. Megan Barber, Curbed, "1960s Airstream transformed into modern oasis," 3 July 2019 In anticipation of Amazon Prime Day, John Oliver dedicated Sunday night’s Last Week Tonight to e-commerce—specifically conditions in warehouses operated by online retailers. Melissa Locker, Time, "'Amazon. Try Not to Think About It.' John Oliver Celebrates Amazon Prime Day on Last Week Tonight," 3 July 2019 For years the company that Jeff Bezos founded in 1994 as an online bookseller was a fearsome e-commerce competitor that either lost money altogether or eked out tiny margins. Fortune, "Amazon.com," 1 July 2019 The company was founded in 2011 by Julie Wainwright, an e-commerce executive best known for running Pets.com during the dotcom boom. Shwanika Narayan, SFChronicle.com, "The RealReal surges in IPO on Nasdaq, marking e-commerce comeback for CEO," 28 June 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'commerce.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of commerce

Noun

1537, in the meaning defined at sense 1

Verb

1596, in the meaning defined above

History and Etymology for commerce

Noun and Verb

Middle French, from Latin commercium, from com- + merc-, merx merchandise

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Learn More about commerce

Statistics for commerce

Last Updated

8 Jul 2019

Look-up Popularity

Time Traveler for commerce

The first known use of commerce was in 1537

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More Definitions for commerce

commerce

noun

Financial Definition of commerce

What It Is

Commerce is the exchange of goods, services or commodities on a large scale.

How It Works

Nearly every business transaction is a form of commerce: purchasing food at a restaurant, buying stocks on the stock market, selling goods in a store, drilling for oil, etc.

The financial industry often breaks down commerce into more specific categories. For example, international commerce takes place between countries, interstate commerce is done across state lines, and electric commerce (e-commerce) takes place via the Internet.

Why It Matters

Commerce is the fundamental action that takes place in every transaction involving money and/or trade. It is the basic component of the business and financial world.

In most countries, commerce is regulated; the extent of the regulation is a reflection of monetary policy, fiscal policy and political conditions. In the U.S., the Department of Commerce has a broad mandate to advance economic growth and job opportunities for Americans. It has a broad range of responsibilities, a very small sample of which includes gathering and releasing data on GDP, performing the decennial census, and running the Patent and Trademark Office.

Source: Investing Answers

commerce

noun

English Language Learners Definition of commerce

: activities that relate to the buying and selling of goods and services

commerce

noun
com·​merce | \ ˈkä-mərs How to pronounce commerce (audio) , -ˌmərs\

Kids Definition of commerce

: the buying and selling of goods especially on a large scale and between different places : trade

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commerce

noun
com·​merce

Legal Definition of commerce

1 : the exchange or buying and selling of goods, commodities, property, or services especially on a large scale and involving transportation from place to place : trade sense 2 — see also commerce clause, Fair Labor Standards Act
2 : the act of engaging in sexual intercourse

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Comments on commerce

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