Definition of commerce
- … a negotiated peace that will reestablish intellectual commerce among them …
- —P. B. Rice
- a major center of commerce
- interstate commerce
He was the Secretary of Commerce under the last President.
a government agency in charge of regulating interstate commerce
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.
First Known Use: 1537See Words from the same year
Commerce is the exchange of goods, services or commodities on a large scale.
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.
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.
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