commercial law

noun
UK /kəˈmɜːʃəl lɔː/
US /kəˈmɝːʃəl lɔː/

Commercial law is the set of rules about buying, selling, and running a business.

The lawyer studied commercial law so she could help companies make fair deals.


OTHER MEANINGS

2. The body of legal rules governing commercial transactions and business relationships.

Commercial law covers everything from shipping goods to signing contracts.

3. The branch of law dealing with merchants and their dealings, often studied as a university subject.

He took a course in commercial law during his second year of law school.

4. Laws that apply to companies rather than private individuals.

The dispute was handled under commercial law because both parties were businesses.