Simple English definitions for legal terms
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Term: MERCANTILE
Definition: Mercantile means related to buying and selling things. It is used to describe businesses and trade. For example, a store that sells goods is a mercantile business. The word comes from the Latin word "mercari" which means "to trade".
MERCANTILE
mercantile (mər-kən-til or -til or -tIl), adj. Of or relating to merchants or trading; commercial the mercantile system.
The term mercantile refers to anything related to merchants or trading. It is used to describe commercial activities or systems that involve buying and selling goods or services.
These examples illustrate how the term mercantile is used to describe different aspects of commercial activities. The first example shows how a society can be characterized as mercantile if trade and commerce are its main sources of wealth. The second example refers to a specific group of people, the mercantile class, who were involved in trading and commerce. The third example describes a specific economic system, the mercantile system, which was based on promoting exports and limiting imports to increase a country's wealth.