LeoGlossary: Commerce

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3 months ago - 1 minutes read

Commerce can be summed up as the exchange of goods and services between two or more parties. It is primarily the focus of the sale of finished or unfinished goods. We commonly see the goods or services exchanges for money or something of equal value.

Commerce is considered to be a subset of business and not business itself. It is concerned with the sale of products or service, ignoring the manufacturing, marketing or transportation


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