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Mercantile paper
(gcide) | Mercantile \Mer"can*tile\ (?; 277), a. [F. mercantile, It.
mercantile, fr. L. mercans, -antis, p. pr. of mercari to
traffic. See Merchant.]
Of or pertaining to merchants, or the business of merchants;
having to do with trade, or the buying and selling of
commodities; commercial.
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The expedition of the Argonauts was partly mercantile,
partly military. --Arbuthnot.
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Mercantile agency, an agency for procuring information of
the standing and credit of merchants in different parts of
the country, for the use of dealers who sell to them.
Mercantile marine, the persons and vessels employed in
commerce, taken collectively.
Mercantile paper, the notes or acceptances given by
merchants for goods bought, or received on consignment;
drafts on merchants for goods sold or consigned.
--McElrath.
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Syn: Mercantile, Commercial.
Usage: Commercial is the wider term, being sometimes used to
embrace mercantile. In their stricter use, commercial
relates to the shipping, freighting, forwarding, and
other business connected with the commerce of a
country (whether external or internal), that is, the
exchange of commodities; while mercantile applies to
the sale of merchandise and goods when brought to
market. As the two employments are to some extent
intermingled, the two words are often interchanged.
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