Commercial Law
/ˈkɒmɜːrʃəl lɔː/
Definitions
- (n.) The body of law governing business and commercial transactions, including contracts, sales, negotiable instruments, and secured transactions.
The parties resolved their dispute under commercial law.
Related terms
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Commentary
Commercial law broadly encompasses statutes and case law regulating commerce, with regional variations; drafters should clarify scope in context.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.