Commerce: meaning, definitions and examples
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commerce
[ ˈkɒmɜːs ]
business transactions
Commerce refers to the activity of buying and selling goods and services, typically on a large scale. It involves the exchange of goods and services between businesses or entities.
Synonyms
business dealings, commercial transactions, trade.
Examples of usage
- E-commerce has revolutionized the way people shop online.
- International commerce plays a significant role in the global economy.
academic field
Commerce can also refer to the academic discipline that studies the exchange of goods and services. It encompasses subjects such as economics, marketing, and finance.
Synonyms
business studies, economics.
Examples of usage
- She decided to major in commerce at the university.
- The commerce department offers a wide range of courses in business studies.
architecture
In architecture, commerce can refer to the design and construction of buildings for commercial purposes, such as offices, shops, and malls.
Synonyms
business buildings, commercial architecture.
Examples of usage
- The architect specialized in designing commerce spaces in urban areas.
- The city's skyline is dominated by towering structures of commerce.
Etymology
The word 'commerce' originated from the Latin word 'commercium', which is a combination of 'com-' meaning 'together' and 'mercium' meaning 'trade' or 'merchandise'. The concept of commerce has been central to human societies for centuries, facilitating the exchange of goods and services between individuals and civilizations. Over time, commerce has evolved with advancements in technology and globalization, shaping modern economies and trade relationships.
See also: commercial, commercialism.