commerce

(redirected from International commerce)
Also found in: Dictionary, Thesaurus, Financial, Encyclopedia.
Related to International commerce: International trade

Commerce

The exchange of goods, products, or any type of Personal Property. Trade and traffic carried on between different peoples or states and its inhabitants, including not only the purchase, sale, and exchange of commodities but also the instrumentalities, agencies, and means by which business is accomplished. The transportation of persons and goods, by air, land, and sea. The exchange of merchandise on a large scale between different places or communities.

Although the terms commerce and trade are often used interchangeably, commerce refers to large-scale business activity, while trade describes commercial traffic within a state or a community.

commerce

noun interstate commerce, bargaining, barter, bartering, business, business affairs, business deals, business intercourse, business transactions, buying and selllng, chaffering, commercial intercourse, dealing, exchange, fiscal exchange, industry, industry and trade, interchange, interchange of commodities, interrhange of goods, intercourse, marketing, mercantile busiiess, mercantile relations, mercantilism, mercatura, merchantry, monetary exchange, multilateral trade, negotia, negotiation, private enterprise, production and distribution, reciprocal trade, system of exchanges, trade, trading, traffic, traffic of commodities, transportation of commodities, transportation of goods
Associated concepts: affect commerce, affect interstate commerce, arising under a law regulating commerce, commerce among the several states, commerce clause, commerce power, commerce with foreign nations, commercial code, commercial paper, industry affecting commerce, innernational commerce, intrastate commerce, law regulating commerce, navigation and commerce, regulate commerce, restraint of commerce
Foreign phrases: Commercium jure gentium commune esse debet, et non in monopolium et privatum pauuorum quaestum convertendum.Commerce, by the law of nations, ought to be common, and not converted into monopoly and the private gain of a few persons. Jus accrescendi inter mercatores, pro beneficio commercii, locum non habet. The right of survivorship does not exist between merchants for the benefit of commerce.
See also: association, contact, deal, dealings, exchange

BILLS PAYABLE, COMMERCE. Engagements which a merchant has entered into in writing, and which he is to pay on their becoming due. Pard. n. 85.

COMMERCE, trade, contracts. The exchange of commodities for commodities; considered in a legal point of view, it consists in the various agreements which have for their object to facilitate the exchange of the products of the earth or industry of man, with an intent to realize a profit. Pard. Dr. Coin. n. 1. In a narrower sense, commerce signifies any reciprocal agreements between two persons, by which one delivers to the other a thing, which the latter accepts, and for which he pays a consideration; if the consideration be money, it is called a sale; if any other thing than money, it is called exchange or barter. Domat, Dr. Pub. liv. 1, tit. 7, s. 1, n. 2. Congress have power by the constitution to regulate commerce with foreign nations and among the several states, and with the Indian tribes. 1 Kent. 431; Story on Const. Sec. 1052, et seq. The sense in which the word commerce is used in the constitution seems not only to include traffic, but intercourse and navigation. Story, Sec. 1057; 9 Wheat. 190, 191, 215, 229; 1 Tuck. Bl. App. 249 to 252. Vide 17 John. R. 488; 4 John. Ch. R. 150; 6 John. Ch. R. 300; 1 Halst. R. 285; Id. 236; 3 Cowen R. 713; 12 Wheat. R. 419; 1 Brock. R. 423; 11 Pet. R. 102; 6 Cowen, R. 169; 3 Dana, R. 274; 6 Pet. R. 515; 13 S. & R. 205.

References in periodicals archive ?
Mycal said the lawsuit takes aim at Dalian International Commerce & Trade Building Co.
The Japan Line Court reserved decision on the issue of domestically owned containers used in international commerce.
Trade ministers approved a WTO agreement on international commerce on Saturday after more than four days of tough haggling in Bali that stretched past the conference's scheduled close.
By selling their products to customers overseas, Sana International Commerce has been able to drastically increase sales and sustain American jobs," said Ex-Im Bank Chairman and President Fred P.
SHKP took five Best Developer Awards out of 20 for Diversified Development Architecture with International Commerce Centre, Low Density Riverside Residence with Valais, Mid-levels Kowloon East Deluxe Harborview Residence with Aria, Tourism Landmark Architecture for sky100 Hong Kong Observation Deck and China Urban Development with Shanghai IFC.
This updated second edition of secured transactions under the Uniform Commercial Code and international commerce adds a large amount of case law that has become available since the first edition was published in 2002.
Indeed, in the year 1998, the different procedures of groups of countries in the international commerce was the following: developed countries 66,6%, countries still developing 29,6%, countries with an economy in transition 3,8%.
For recyclers engaged in international commerce (and that is a healthy percentage this decade), a world in conflict--or one that begins dividing itself into walled off compounds--presents a gloomy prospect.
For example, we see countless opportunities to creatively maximize our investment in the Miami Free Zone, which is an 850,000 s/fhub of international commerce.
Too often the rewards of international commerce and the economic growth it generates are reserved for the world's already wealthy.
These international standards are expected to facilitate international commerce in MEMS technologies and improve manufacturing yields.
Customs is launching C/TPAT, the Customs/Trade Partnership Against Terrorism, It hopes that by collaborating with industry, Customs will be able to complete its mission and not simultaneously harm international commerce.
Full browser ?