Commerce


Also found in: Dictionary, Thesaurus, Legal, Acronyms, Idioms, Encyclopedia, Wikipedia.

Commerce

The practice of buying and selling goods and services, whether for use or investment. Commerce usually refers to buying and selling on a large scale; that is, the sale of one widget is a transaction, while the sale of all the widgets in a country is the commerce of widgets. See also: E-commerce.
References in periodicals archive ?
To preserve that independence, industry leaders need to act decisively to develop a system for self-regulation - an international code of conduct or "Bill of Rights" - for electronic commerce.
Only by ``shrinking'' the commerce clause back to its original meaning can the 10th Amendment be revived, and with it, the form of federalism designed in the Constitution.