commerce
co
ˈkɑ
kaa
mmerce
mɜrs
mērs
British pronunciation
/ˈkɒmɜːs/

Definition & Meaning of "commerce"in English

Commerce
01

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

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.
02

social interaction or exchange, particularly of ideas, opinions, or attitudes

example
Examples
Scholars valued the commerce of ideas at the conference.
Informal commerce among neighbors strengthened the community.
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