Menu

Commerce for Dummies

noun

pronunciation: 'kɑmərs

What does Commerce really mean?

77 1
77

Well, hey there! Let's dive right in and talk about what "commerce" means. So, imagine you're walking into a big supermarket with rows and rows of shelves filled with all kinds of goodies - snacks, drinks, fruits, vegetables, household items, you name it. That supermarket is a perfect example of commerce!

Commerce simply means all the activities related to buying and selling goods and services. It's like a giant web that connects everyone involved in exchanging things - buyers, sellers, producers, and even the companies and organizations that make it all happen.

Think about it this way - when you buy your favorite snack from the store, you're participating in commerce. And when the store restocks their shelves with more snacks, the suppliers are involved in commerce too. It's this whole system that keeps things flowing smoothly!

Now, commerce can happen in many different ways. One way is through traditional brick-and-mortar stores, like that supermarket we talked about earlier. But it's not just limited to physical stores anymore, oh no!

E-commerce (see what they did there with the "e"? It stands for electronic!) is another way commerce happens. Ever bought something online and had it delivered to your doorstep? That's e-commerce in action! It's like having a virtual store right at your fingertips, where you can browse, choose, and purchase things with just a few clicks. How cool is that?

So, in a nutshell, commerce is all about the buying and selling of goods and services, whether it happens in a physical store or online. It's like the heartbeat of our economy, keeping things moving and making sure we all get what we need and want.

Hope that helps clear things up! If you have any more questions, feel free to ask. Keep on learning and exploring the world of commerce!


Revised and Fact checked by Ava Hernandez on 2023-10-28 06:58:38

Commerce In a sentece

Learn how to use Commerce inside a sentece

Commerce Synonyms

Words that can be interchanged for the original word in the same context.

commerce department commerce department commercialism commercialism department of commerce department of commerce doc doc mercantilism mercantilism

Commerce Hypernyms

Words that are more generic than the original word.

conversation conversation dealing dealing dealings dealings executive department executive department transaction transaction

Commerce Hyponyms

Words that are more specific than the original word.

business business business enterprise business enterprise carriage trade carriage trade commercial enterprise commercial enterprise defrayal defrayal defrayment defrayment distribution distribution e-commerce e-commerce evasion evasion exchange exchange exportation exportation exporting exporting importation importation importing importing initial offering initial offering initial public offering initial public offering interchange interchange ipo ipo marketing marketing merchandising merchandising nonpayment nonpayment payment payment selling selling trade trade trading trading traffic traffic

Commerce Meronyms

Words that are part of the original word.

bureau of the census bureau of the census census bureau census bureau national oceanic and atmospheric administration national oceanic and atmospheric administration noaa noaa patent and trademark office database patent and trademark office database patent office patent office shipping shipping technology administration technology administration transport transport transportation transportation

Commerce Has Categories

Categories of the original word.

antique antique arbitrage arbitrage auction auction auction off auction off auctioneer auctioneer barter away barter away broker broker browse browse buy buy buy in buy in clear clear commercialise commercialise commercialize commercialize comparison-shop comparison-shop deaccession deaccession deal deal export export fob off fob off foist off foist off franchise franchise get get hock hock import import impulse-buy impulse-buy liquidize liquidize market market merchandise merchandise negociate negociate palm off palm off pawn pawn pick up pick up purchase purchase realise realise realize realize remainder remainder resell resell retail retail sell sell sell out sell out sell short sell short sell up sell up shop shop smuggle smuggle soak soak stock stock stock up stock up take take trade trade trade in trade in traffic traffic transact transact trust trust turn turn turn over turn over usance usance wholesale wholesale