Is a company: no
Is a proper noun: no
- business environment
Definition of Commerce
- The systems that involve economic interaction and business on a large scale within a country and between different countries. The term commerce encompasses a wide range of activities and can be loosely affiliated with any activities that impact business prospects within a nation's economy including the legal, political, economic, technological, social, and cultural systems in place in a country.
Related Terms and Acronyms
- Central Bank — Definition,
- An institution that manages a nation's monetary policy.
- North American Free Trade Agreement (NAFTA) — Acronym,
- An agreement between the United States, Canada, and Mexico that allows for freer trade between the three countries.
- Business (busn) — Abbreviation,
- Economic activities of a given type.
- A company, either for-profit or non-profit.
- Commercial, industrial or professional activities undertaken by an entity.
- Bank of Canada (BC, BOC) — Company Est. 1935, Ottawa, Ontario, Canada, Important,
➥ Canada's central bank.
- Canada's central bank.
- International Chamber of Commerce (ICC) — Acronym,
- A world business organization that brings business people and experts together to formulate policies in such areas as banking, taxation and the environment.
- Deflation — Definition,
- An actual decline in the general level of prices in the economy.
- Operational Expenses (OpEx) — Abbreviation,
- Costs accruing from a business's business operations.
- Electronic Commerce — Definition,
- The purchase or sale of products and services through an electronic system such as the Internet.
- Inflation — Definition,
- A rise in the average level of prices in the economy.
- Depression — Definition,
- A prolonged downturn in the economy and level of business activity.
- Monetary Policy — Definition,
- The Bank of Canada's ability to influence the economy through changes in short-term interest rates and the money supply.
- World Trade Organization (WTO) — Company Est. 1995,
➥ Deals with the global rules of trade between nations.
- An organization that promotes free trade between nations.