noun
the body of rules applied to commercial transactions; derived from the practices of traders rather than from jurisprudence
• Syn: ↑mercantile law, ↑law merchant
• Topics: ↑law, ↑jurisprudence
• Hypernyms: ↑law, ↑jurisprudence
* * *
noun : the legal rules or principles bearing especially on commercial transactions and comprising matters of partnership, joint stock companies, agency, negotiable paper, contracts with carriers, insurance, sale, bottomry and respondentia, debt, guaranty, stoppage in transitu, lien, and bankruptcy
* * *
the legal regulations governing transactions and related matters in business and trade.
[1755-65]
* * *
commercial law,
the body of principles and rules by which rights and obligations in commercial transactions are determined; business law.
Useful english dictionary. 2012.