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Simple English definitions for legal terms
mercative
Read a random definition: NCCUSL
A quick definition of mercative:
Term: mercative
Definition: Mercative is a word used in Scots law that means related to trade. It comes from the Latin word "mercatum" which means "a market".
A more thorough explanation:
Term: mercativeDefinition: Relating to trade or commerce.
Examples: The mercative laws of the country regulate the buying and selling of goods. The mercative sector of the economy is responsible for the production and distribution of goods and services.
Explanation: Mercative refers to anything related to trade or commerce. The examples illustrate how the term is used in the context of laws and the economy. The mercative laws are the rules that govern the buying and selling of goods, while the mercative sector is the part of the economy that deals with the production and distribution of goods and services.