Commerce
volume
British pronunciation/kˈɒmɜːs/
American pronunciation/ˈkɑmɝs/

Definition & Meaning of "commerce"

Commerce
01

the act of buying and selling goods and services, particularly between countries

02

social exchange, especially of opinions, attitudes, etc.

03

the United States federal department that promotes and administers domestic and foreign trade (including management of the census and the patent office); created in 1913

example
Example
examples
International commerce plays a vital role in global economic development, facilitating trade between nations.
The Chamber of Commerce organized a trade fair to promote local businesses and encourage commerce in the region.
The treaty aimed to facilitate commerce by reducing tariffs and streamlining customs procedures.
Interstate commerce laws regulate trade between states.
The interstate highway system facilitates travel and commerce between states in the United States.
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