Merchant
Merchant
Merchant (/ˈmɜːr.tʃənt/; from Latin mercari, meaning "to trade") is a term used to refer to a person or company involved in wholesale trade, especially one dealing with foreign countries or supplying goods to a particular trade.
Etymology
The term "merchant" comes from the Latin mercari, which means "to trade". It was first used in English in the late 13th century.
Definition
A merchant is a person who trades in commodities produced by other people, especially one who trades with foreign countries. Historically, a merchant was anyone who was involved in business or trade. Merchants have been known for as long as industry, commerce, and trade have existed.
Related Terms
- Wholesale: The sale of goods in large quantities, as for resale by a retailer.
- Trade: The action of buying and selling goods and services.
- Commodity: A raw material or primary agricultural product that can be bought and sold.
- Retailer: A person or business that sells goods to the public in relatively small quantities for use or consumption rather than for resale.
See Also
External links
- Medical encyclopedia article on Merchant
- Wikipedia's article - Merchant
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