Commerce

(redirected from commercialized)
Also found in: Dictionary, Thesaurus, Financial, Encyclopedia, Wikipedia.
Related to commercialized: commercialisation

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.

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 ?
In the light of recommendations of this committee, the buildings which are under commercial use will be commercialized.
In the last year's festival, 23 plans in the commercialized section, nine plans in judgment section, 10 plans in commercialized inventions section, three plans in international section, and one plan presented by the provincial offices of the National Genius Foundation were introduced as the best plans in the 3rd National Festival on Innovation and Flourish.
SDK has established a wide-ranging product line of GaN-based LED chips covering the wavelengths from 390nm (near ultraviolet) to 555nm (pure green), in addition to the already commercialized aluminum-gallium-indium-phosphide (AlGaInP) red to yellow-green LED.
The five commercialized ANSPs that GAO selected have a number of common characteristics: All five have the safe movement of aircraft as their primary goal and are subject to some external safety regulation.
It was carved out of an African American neighborhood under the assumption that blacks, already innately immoral, would not be harmed by sharing streets and sidewalks with commercialized sexuality in its most explicit form.
Hellerstein says that the number of products that have been commercialized would "fit into your hand." Some of the more farsighted research and technology, such as the sensors, is "just popping out now" from the lablets, he says, which were set up in 2001.
Both technologies are beginning to be commercialized. A Chemrec atmospheric, high-temperature unit is operating at Weyerhaeuser's New Bern, North Carolina, USA mill, processing 400,000 pounds/day of kraft black liquor.
Commercialized fame, by directing fame away from moral merit, frees ideas of virtue from the cult of personality.
It commercialized the Internet access industry at a propitious moment, simultaneous with the growth of the World Wide Web.
'Potsdamer Platz is an example of completely commercialized public space' argued Dieter Hoffmann-Axthelm at a conference held in Berlin under the auspices of the British Council last month, when architects and critics from Germany and the UK discussed the nature of urban space in the two capitals.
With two commercialized drugs, the company is committed to discovering, developing and commercialising innovative pharmaceutical products to meet the medical needs of patients with serious and life-threatening conditions.

Full browser ?