Commerce
/ˈkɒmɜːrs/
Definitions
The activity of buying and selling goods and services.
/ˈkɒmɜːrs/
The buying and selling of goods and services.
E-commerce has revolutionized the way we shop.
💡 Simply: Commerce is like a big marketplace where people buy and sell stuff. It's everything from buying groceries to trading cars internationally.
👶 For kids: Buying and selling things!
More Examples
The chamber of commerce promotes local businesses.
How It's Used
"International commerce is crucial for global economic growth."
"The company's success depends on its ability to navigate the complexities of e-commerce."
Synonyms & Antonyms
Synonyms
Idioms & expressions
chamber of commerce
A local or regional organization that promotes business interests.
"The local chamber of commerce hosted a networking event."
From Old French *comerce, from Latin commercium, from com- "together" + merx, mercis "goods, wares".
The term 'commerce' has been used since the Middle Ages to refer to trade and exchange, evolving with the growth of global markets.
Memory tip
Think of 'com' (together) and 'merce' (merchandise) – bringing goods together for trade.
Word Origin
"com- (together) + merx (merchandise)"