Marine Commerce
/ˈmærɪn kəˈmɜːrs/
Definitions
- (n.) Commercial activities and trade conducted via waterways, including shipping, navigation, and transportation of goods by sea or other navigable waters.
The statute regulates marine commerce to ensure safe and efficient shipping operations.
Related terms
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Commentary
The term broadly encompasses economic transactions and navigational activities on navigable waters, often regulated under federal admiralty or maritime law. Distinguishing marine commerce from general commerce is important in jurisdiction and regulatory contexts.
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.