mercantilism (redirected from Mercantile school)

mer·can·til·ism  (mûrkn-t-lzm, -t-)

n.

1. The theory and system of political economy prevailing in Europe after the decline of feudalism, based on national policies of accumulating bullion, establishing colonies and a merchant marine, and developing industry and mining to attain a favorable balance of trade.

2. The practice, methods, or spirit of merchants; commercialism.

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[mercantil(e) + -ism.]

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mercan·til·ist adj. & n.

mercan·til·istic adj.

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mercantilism [ˈmɜːkəntɪˌlɪzəm]

n

1. (Economics) Also called mercantile system Economics a theory prevalent in Europe during the 17th and 18th centuries asserting that the wealth of a nation depends on its possession of precious metals and therefore that the government of a nation must maximize the foreign trade surplus, and foster national commercial interests, a merchant marine, the establishment of colonies, etc.

2. (Business / Commerce) a rare word for commercialism [1]

mercantilist  n & adj

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mercantilism

a political and economic policy seeking to advance a state above others by accumulating large quantities of precious metals and by exporting in large quantity while importing in small. — mercantilist, n. — mercantilistic, adj.

See also: Economics

Thesaurus

Noun	1.	mercantilism - an economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests mercantile system managed economy - a non-market economy in which government intervention is important in allocating goods and resources and determining prices Europe - the 2nd smallest continent (actually a vast peninsula of Eurasia); the British use `Europe' to refer to all of the continent except the British Isles
	2.	mercantilism - transactions (sales and purchases) having the objective of supplying commodities (goods and services) commerce, commercialism trading - buying or selling securities or commodities trade - the commercial exchange (buying and selling on domestic or international markets) of goods and services; "Venice was an important center of trade with the East"; "they are accused of conspiring to constrain trade" e-commerce - commerce conducted electronically (as on the internet) interchange, exchange - reciprocal transfer of equivalent sums of money (especially the currencies of different countries); "he earns his living from the interchange of currency" initial offering, initial public offering, IPO - a corporation's first offer to sell stock to the public business enterprise, commercial enterprise, business - the activity of providing goods and services involving financial and commercial and industrial aspects; "computers are now widely used in business" shipping, transport, transportation - the commercial enterprise of moving goods and materials carriage trade - trade from upper-class customers transaction, dealing, dealings - the act of transacting within or between groups (as carrying on commercial activities); "no transactions are possible without him"; "he has always been honest is his dealings with me" importation, importing - the commercial activity of buying and bringing in goods from a foreign country exporting, exportation - the commercial activity of selling and shipping goods to a foreign country marketing - the commercial processes involved in promoting and selling and distributing a product or service; "most companies have a manager in charge of marketing" distribution - the commercial activity of transporting and selling goods from a producer to a consumer marketing, merchandising, selling - the exchange of goods for an agreed sum of money traffic - buying and selling; especially illicit trade defrayal, defrayment, payment - the act of paying money evasion, nonpayment - the deliberate act of failing to pay money; "his evasion of all his creditors"; "he was indicted for nonpayment" usance - the period of time permitted by commercial usage for the payment of a bill of exchange (especially a foreign bill of exchange) commercialise, commercialize, market - make commercial; "Some Amish people have commercialized their way of life" buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; "She buys for the big department store" take - buy, select; "I'll take a pound of that sausage" get - purchase; "What did you get at the toy store?" clear - sell; "We cleared a lot of the old model cars" turn - get by buying and selling; "the company turned a good profit after a year" negociate - sell or discount; "negociate securities" sell - exchange or deliver for money or its equivalent; "He sold his house in January"; "She sells her body to survive and support her drug habit" sell short - sell securities or commodities or foreign currency that is not actually owned by the seller, who hopes to cover (buy back) the sold items at a lower price and thus to earn a profit remainder - sell cheaply as remainders; "The publisher remaindered the books" resell - sell (something) again after having bought it deaccession - sell (art works) from a collection, especially in order to raise money for the purchase of other art works; "The museum deaccessioned several important works of this painter" fob off, foist off, palm off - sell as genuine, sell with the intention to deceive realise, realize - convert into cash; of goods and property auction, auction off, auctioneer - sell at an auction sell, trade, deal - do business; offer for sale as for one's livelihood; "She deals in gold"; "The brothers sell shoes" transact - conduct business; "transact with foreign governments" deal - sell; "deal hashish" retail - sell on the retail market wholesale - sell in large quantities liquidize, sell out, sell up - get rid of all one's merchandise

Translations

mercantilism [ˈmɜːkəntɪlɪzəm] N → mercantilismo m

mercantilism

n → Merkantilismus m