| Part of Speech | Definition | |
| Expression | 1. The notes or acceptances given by merchants for goods bought, or received on consignment; drafts on merchants for goods sold or consigned. --McElrath. Syn: Mercantile , Commercial . Usage: Commercial is the wider term, being sometimes used to embrace mercantile. In their stricter use, commercial relates to the shipping, freighting, forwarding, and other business connected with the commerce of a country (whether external or internal), that is, the exchange of commodities; while mercantile applies to the sale of merchandise and goods when brought to market. As the two employments are to some extent intermingled, the two words are often interchanged.[Websters]. | |
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Common Expressions: MERCANTILE PAPER
| Expressions | Definition | ||
| Mercantile paper | The notes or acceptances given by merchants for goods bought, or received on consignment; drafts on merchants for goods sold or consigned. --McElrath. Syn: Mercantile , Commercial . Usage: Commercial is the wider term, being sometimes used to embrace mercantile. In their stricter use, commercial relates to the shipping, freighting, forwarding, and other business connected with the commerce of a country (whether external or internal), that is, the exchange of commodities; while mercantile applies to the sale of merchandise and goods when brought to market. As the two employments are to some extent intermingled, the two words are often interchanged. Source: Webster's Revised Unabridged Dictionary. | ||
Source: compiled by the editor from various references; see credits. | Top | ||
