law merchant

Noun

Meaning

the body of rules applied to commercial transactions; derived from the practices of traders rather than from jurisprudence

Source: WordNet

Synonyms

commercial law mercantile law equity martial law company law trade law code of commerce commercial act trade legislation

Hypernyms

law jurisprudence

Examples

The law merchant respects the religion of different people. Edward Law, 1st Baron Ellenborough

The law merchant is a system of equity, founded on the rules of equity, and governed in all its parts by plain justice and good faith. Sir Francis Buller, 1st Baronet

Close letter words and terms

law lord law man law matter law of a country law of absorption law of action and reaction