Define: Commerce

UK Accounting Glossary

Definition: Commerce

Quick Summary of Commerce

the activity of buying and selling, especially on a large scale.

What is the dictionary definition of Commerce?

Dictionary Definition

  • business The exchange or buying and selling of commodities; especially the exchange of merchandise, on a large scale, between different places or communities; extended trade or traffic.
  • Social intercourse; the dealings of one person or class in society with another; familiarity.
  • obsolete Sexual intercourse.


Full Definition of Commerce

The exchange of goods or services for money or in kind, usually on a scale large enough to require transportation from place to place or across city, state, or national boundaries.

Commerce is concerned with buying, selling and distribution of commodities. It is an organised system for the exchange of goods and services. It involves not only the functions of buying and selling but several other activities required to facilitate buying and selling.


Examples of Commerce in a sentence

the changes in taxation are of benefit to the commerce of the region.
the noise and warmth of human commerce.

Synonyms For Commerce

trade, business, trading, marketing, exchange

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Commerce. Payroll & Accounting Heaven Ltd. February 27, 2020
Chicago Manual of Style (CMS):
Commerce. Payroll & Accounting Heaven Ltd. (accessed: February 27, 2020).
American Psychological Association (APA):
Commerce. Retrieved February 27, 2020, from website:

Definition Sources

Definitions for Commerce are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 27th December 2019.