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

Marie Kondo has been testing the e-commerce waters for some time. Sara Rodrigues, House Beautiful, "Watch Out Goop, Marie Kondo Is Launching Her Own Lifestyle Site," 8 Mar. 2019 Ikea, which has relied on customers trekking to its box stores, is playing catch up on e-commerce and experimenting with smaller stores in urban centers. Diana Budds, Curbed, "The rise of the direct-to-consumer home," 21 Dec. 2018 The retail industry is undergoing another major shift -- to e-commerce. Sarah Nassauer, WSJ, "Walmart Posts Strong Holiday Sales Gains in U.S.," 19 Feb. 2019 He’s being charged with cyberstalking and transmitting threats in interstate commerce. Bijan Stephen, The Verge, "Conspiracy theorist vlogger arraigned for death threats to YouTube employees," 27 Sep. 2018 Buy Photo A Bucks County man was indicted Tuesday for trafficking more than 3,500 turtles in interstate commerce, authorities said. Michael Boren, Philly.com, "Bucks man indicted for smuggling turtles," 10 July 2018 Suryadevara received a bachelor’s and master’s degree in commerce from the University of Madras in Chennai, India, and an MBA from Harvard. Jamie L. Lareau, Detroit Free Press, "General Motors names Suryadevara as company's first female CFO," 13 June 2018 The push in e-commerce to update encryption protocols mirrors broader efforts across the tech industry to standardize this type of data protection. Lily Hay Newman, WIRED, "An Encryption Upgrade Could Upend Online Payments," 6 June 2018 The Trump administration intends to minimize uncertainty for taxpayers, investors and the commercial space sector while protecting national security and encouraging American leadership in space commerce. Houston Chronicle, "Trump sets new rules for corporations in space," 24 May 2018

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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Statistics for commerce

Last Updated

18 Mar 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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