law merchant
noun
the principles and rules, drawn chiefly from custom, determining the rights and obligations of commercial transactions; commercial law.
Origin of law merchant
First recorded in 1615–25
Words nearby law merchant
Example sentences from the Web for law merchant
The law-merchant would experience no difficulty in adjusting a matter of this sort.
The Works of Robert G. Ingersoll, Vol. 10 (of 12) |Robert G. Ingersoll
British Dictionary definitions for law merchant
law merchant
noun
mercantile law
the body of rules and principles determining the rights and obligations of the parties to commercial transactions; commercial law