Commerce
- Financial transaction, an agreement, communication, or movement carried out between a buyer and a seller to exchange an asset for payment
- Electronic funds transfer, the electronic exchange or transfer of money from one account to another
- Real estate transaction, the process whereby rights in a unit of property is transferred between two or more parties
- Transaction cost, a cost incurred in making an economic exchange
Read more about this topic: Transaction
Famous quotes containing the word commerce:
“I am not able to instruct you. I can only tell that I have chosen wrong. I have passed my time in study without experience; in the attainment of sciences which can, for the most part, be but remotely useful to mankind. I have purchased knowledge at the expense of all the common comforts of life: I have missed the endearing elegance of female friendship, and the happy commerce of domestic tenderness.”
—Samuel Johnson (1709–1784)
“On 16 September 1985, when the Commerce Department announced that the United States had become a debtor nation, the American Empire died.”
—Gore Vidal (b. 1925)
“The whole commerce between master and slave is a perpetual exercise of the most boisterous passions, the most unremitting despotism on the one part, and degrading submissions on the other. Our children see this, and learn to imitate it.”
—Thomas Jefferson (1743–1826)