mercatoria

/mɜr.kəˈtoʊ.ri.ə/

Definitions

1. noun

a place where goods can be bought and sold, especially one that has a special license or charter

“The mercatoria in the old town was famous for its exotic spices and fine textiles.”

2. noun

a system or institution for buying and selling goods, especially one that is chartered or licensed

“The company’s mercatoria played a crucial role in establishing trade relationships with other countries.”

Synonyms

  • bazaar
  • emporium
  • market

Antonyms

  • monopoly
  • oligopoly