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law merchant
 

Definitions from WordNet

Noun law merchant has 1 sense
  1. mercantile law, commercial law, law merchant - the body of rules applied to commercial transactions; derived from the practices of traders rather than from jurisprudence
    --1 is a kind of law, jurisprudence

Definitions from the Web

Law Merchant

Definition: Law Merchant refers to a body of customary laws and practices that evolved among merchants in medieval Europe. It governed trade and commerce, focusing on business transactions, contracts, and dispute resolution.

Examples:

Noun:

  1. The Law Merchant contributed to the development of commercial law in Europe.
  2. Merchants relied on the principles of the Law Merchant to regulate their international trade.

Adjective:

  1. The court applied a law merchant principle to resolve the dispute between the two merchants.
  2. Her legal strategies were heavily influenced by her knowledge of law merchant practices.

Related Products:

History of Commercial Law
Books on Law Merchant
Merchants in Medieval Europe
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