mercantilism

1. An economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests (synset 108384266)
   domain region: europe - the 2nd smallest continent (actually a vast peninsula of Eurasia); the British use `Europe' to refer to all of the continent except the British Isles
   is a type of: managed economy - a non-market economy in which government intervention is important in allocating goods and resources and determining prices
   same as: mercantile system
2. Transactions (sales and purchases) having the objective of supplying commodities (goods and services) (synset 101092370)
   tells us about:

   • commercial - connected with or engaged in or sponsored by or used in commerce or commercial enterprises
   • noncommercial - not connected with or engaged in commercial enterprises
   associated with:

   • usance - the period of time permitted by commercial usage for the payment of a bill of exchange (especially a foreign bill of exchange)
   • commercialise, commercialize, market - make commercial
   • buy, purchase - obtain by purchase; acquire by means of a financial transaction
   • take - buy, select
   • get - purchase
   • clear - sell
   • turn - get by buying and selling
   • negociate - sell or discount
   • sell - exchange or deliver for money or its equivalent
   • sell short - sell securities or commodities or foreign currency that is not actually owned by the seller, who hopes to cover (buy back) the sold items at a lower price and thus to earn a profit
   • remainder - sell cheaply as remainders
   • resell - sell (something) again after having bought it
   • deaccession - sell (art works) from a collection, especially in order to raise money for the purchase of other art works
   • fob off, foist off, palm off - sell as genuine, sell with the intention to deceive
   • realise, realize - convert into cash; of goods and property
   • auction, auction off, auctioneer - sell at an auction
   • deal, sell, trade - do business; offer for sale as for one's livelihood
   • transact - conduct business
   • deal - sell
   • retail - sell on the retail market
   • wholesale - sell in large quantities
   • liquidize, sell out, sell up - sell or get rid of all one's merchandise
   • trade, trade in - turn in as payment or part payment for a purchase
   • merchandise, trade - engage in the trade of
   • traffic - trade or deal a commodity
   • arbitrage - practice arbitrage, as in the stock market
   • turn over - do business worth a certain amount of money
   • broker - act as a broker
   • trust - (chiefly archaic) extend credit to
   • pick up - buy casually or spontaneously
   • barter away - trade in in a bartering transaction
   • market - engage in the commercial promotion, sale, or distribution of
   • market - deal in a market
   • buy in, stock, stock up - amass so as to keep for future use or sale or for a particular occasion or use
   • shop - do one's shopping
   • market - buy household supplies
   • browse, shop - shop around; not necessarily buying
   • comparison-shop - compare prices for a given item
   • antique - shop for antiques
   • smuggle - import or export without paying customs duties
   • import - bring in from abroad
   • export - sell or transfer abroad
   • hock, pawn, soak - leave as a guarantee in return for money
   • impulse-buy - buy on impulse without proper reflection
   • franchise - grant a franchise to
   • retail - be sold at the retail level
   • trade - be traded at a certain price or under certain conditions
   is a type of: dealing, dealings, transaction - the act of transacting within or between groups (as carrying on commercial activities)
   subtypes:

   • trading - buying or selling securities or commodities
   • trade - the commercial exchange (buying and selling on domestic or international markets) of goods and services
   • e-commerce - commerce conducted electronically (as on the internet)
   • exchange, interchange - reciprocal transfer of equivalent sums of money (especially the currencies of different countries)
   • initial offering, initial public offering, ipo - a corporation's first offer to sell stock to the public
   • business, business enterprise, commercial enterprise - the activity of providing goods and services involving financial and commercial and industrial aspects
   • carriage trade - trade from upper-class customers
   • importation, importing - the commercial activity of buying and bringing in goods from a foreign country
   • exportation, exporting - the commercial activity of selling and shipping goods to a foreign country
   • marketing - the commercial processes involved in promoting and selling and distributing a product or service
   • distribution - the commercial activity of transporting and selling goods from a producer to a consumer
   • marketing, merchandising, selling - the exchange of goods for an agreed sum of money
   • traffic - buying and selling; especially illicit trade
   • defrayal, defrayment, payment - the act of paying money
   • evasion, nonpayment - the deliberate act of failing to pay money
   has: shipping, transport, transportation - the commercial enterprise of moving goods and materials
   same as: commerce, commercialism

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