mercantileadj.n.

Brit.

/ˈməːk(ə)ntʌɪl/, U.S.

/ˈmərkənˌtil/,

/ˈmərkənˌtaɪl/,

/ˈmərkəntl/

Forms: 1600s merchantile, 1600s 1800s mercantil, 1600s– mercantile, 1700s mercantiel.

Origin: A borrowing from French. Etymon: French mercantile.

Etymology: < French mercantile (1551 in Middle French as mercantil ) < Italian mercantile (14th cent.) < mercante merchant ( < classical Latin mercant- , mercāns merchant (earliest in Columella and Suetonius), use as noun of present participle of mercārī to buy: see market n.) + -ile -ile suffix. Compare Portuguese mercantil (16th cent.), Spanish mercantil (1617).Sense A. 4 is not attested in French before 1776. In form merchantile after merchant n.

A. adj.

a. Of or relating to merchants or traders, or their trade; concerned with the exchange of merchandise. Also: of or relating to trade or commerce; commercial.

ΘΚΠ

society > trade and finance > [adjective]

chaffering1483

merchantlike1566

merchantablea1603

emporial1604

merchandising1616

mercantile1638

mercatorian1648

mercatory1654

mercatorial1662

commercial1757

tradal1846

tradey1855

mercantilist1881

mercantilistic1883

1638 L. Roberts Merchants Mappe of Commerce i. 2 He may by well husbanding his mercantile imployment and time, joyn a future benefit of mind, to a present profit of estate.

1645 J. Howell Epistolæ Ho-elianæ i. xxviii. 54 The onely procede (that I may use the mercantil term) you can expect, is thanks.

1727 J. Arbuthnot Tables Anc. Coins 224 The Expedition of the Argonauts..was partly mercantile, partly military.

1759 Bk. Fairs 54 Black cattle, sheep, horses, and mercantile goods.

1793 tr. A. R. J. Turgot Refl. Formation & Distrib. Wealth §66. 72 It is the object of the mercantile profession, who purchase goods from the hands of the person who produces them, to store them in warehouses.

1849 T. B. Macaulay Hist. Eng. II. vi. 51 Bonrepaux..was esteemed an adept in the mystery of mercantile politics.

1856 E. A. Bond Russia at Close of 16th Cent. Introd. 130 By joining in his mercantile ventures in Russia.

1910 Encycl. Brit. I. 618/2 His travels and mercantile experience had led him to conclude that the Hindu methods of computing, were in advance of those then in general use.

1967 G. Steiner Lang. & Silence 226 The new mercantile society and centralized state followed hard on the decay of feudalism.

1981 P. Carey Bliss i. 13 He had..an advertising agency which provided a good enough living for a man with an almost aristocratic disdain for mercantile success.

b. Of a court, etc.: that deals with, investigates, or controls commercial affairs. Now chiefly historical.

ΚΠ

1841 W. Spalding Italy & Ital. Islands III. 332 There are three courts,..a civil, a criminal, and a mercantile.

1858 I. S. Homans & I. S. Homans Cycl. Commerce & Commerc. Navigation (at cited word) The Mercantile Agency is a name applied to various houses in the leading cities of the United States, and in Montreal and London. The principal object of the Agency is to supply, to annual subscribers, information respecting the character, capacity and pecuniary condition of persons asking credit... The Agency was first established in 1841 in the city of New York.

1893 Polit. Sci. Q. 9 16 (note) Figures compiled and published by Dun's Mercantile Agency.

1974 Jrnl. Mod. Hist. 46 725 The case was brought before the Mercantile Court of Florence, and Niccolò was awarded 120 ducats.

2. That is engaged in trade or commerce.

ΘΚΠ

society > trade and finance > [adjective] > trading

merchantc1400

demeanant1467

trading1578

tradeful1595

commercing1610

merchandised1619

mercantile1645

commerciala1687

merchanting1921

1645 J. Howell Epistolæ Ho-elianæ ii. xv. 30 Amsterdam..is one of the greatest mercantill Towns in Europ.

1662 J. Davies tr. A. Olearius Voy. & Trav. J. Albert de Mandelslo ii. 140 in Voy. & Trav. Ambassadors The scituation of this town is upon a fair River, with a good harbour that renders it very Merchantile.

a1734 R. North Examen (1740) iii. viii. §29. 604 His [sc. Fairclough's] Son was then mercantiel Servant to Mr. North.

1755 S. Johnson Dict. Eng. Lang. Pref. Of the laborious and mercantile part of the people, the diction is in a great measure casual and mutable.

1786 in O. Browning Despatches from Paris (1909) I. 125 I was assured yesterday by a person employed in one of the most capital mercantile houses in Paris that the contagion of public gaming was become so universal that [etc.].

1801 J. Orrok Let. 7 July (1927) 7 To get a Situation in any of the publick Offices or in any mercantile house, with a permanent income.

1841 M. Elphinstone Hist. India I. ii. iv. 213 The Jáins..are generally an opulent and mercantile class.

1889 Act 52 & 53 Vict. c. 45 §1 The expression ‘mercantile agent’ shall mean a mercantile agent having..authority either to sell goods, or [etc.].

1922 Accountant's Dict. II. 704 Mercantile Agent, an agent who is concerned exclusively with mercantile matters.

1988 B. Chatwin Utz 119 I had the impression of a mercantile city in mourning, not so much for its lost prosperity as the loss of its European role.

†3. Characteristic of a merchant or trader (in quot. 1755 depreciative). Obsolete.

ΘΚΠ

society > trade and finance > trader > merchant > [adjective]

merchantly1424

merchantlike1641

mercative1656

mercantile1755

1755 Earl of Chatham Lett. to Nephew (1804) xi. 67 Pardon an observation on style: ‘I received yours’ is vulgar and mercantile; ‘your letter’ is the way of writing.

1819 G. Crabbe Tales of Hall I. vii. 152 A bill That was not drawn with true mercantile skill.

1839 A. Alison Hist. Europe from French Revol. VII. lii. 109 A nation in which the chivalrous and mercantile qualities are strongly blended.

4. Having payment or gain as the motive; mercenary; (also) fond of bargaining.

ΘΚΠ

society > trade and finance > management of money > income, revenue, or profit > getting or making money > [adjective] > bent on or adapted to making gain > influenced by desire for wealth > of conduct or action

mercenary1532

mercantile1756

1756 J. Warton Ess. on Pope I. v. 260 The mercantile bard [sc. Dryden].

1856 R. W. Emerson Eng. Traits xiv. 131 He [sc. the Englishman] loves the axe, the spade, the oar, the gun, the steampipe... He is materialist, economical, mercantile.

1862 J. Ruskin Unto this Last ii. 41 The two economies, to which the terms ‘Political’ and ‘Mercantile’ might not unadvisedly be attached... Mercantile economy, the economy of ‘merces’ or of ‘pay’, signifies the accumulation, in the hands of individuals, of legal or moral claim upon, or power over, the labour of others.

1974 B. Pearce tr. S. Amin Accumulation on World Scale I. i. 40 The period when capitalism was being formed—the ‘prehistory’ that comes down to the Industrial Revolution..can be defined by the predominantly mercantile character of capitalism.

B. n.

1. A merchant; a person engaged in trade or commerce. rare.

ΘΚΠ

society > trade and finance > trader > merchant > [noun]

merchantc1225

grocer1427

merchantman1449

marketor1474

fleece-feeder1549

mercadore1595

marcantanta1616

man of business1640

correspondent1698

businessman1803

mercantile1813

net importer1925

commercial1962

1813 J. Austen Let. 14 Oct. (1995) 237 A great rich mercantile Sir Robert Wigram.

1921 Chambers's Jrnl. July 440/1 With the exception of the nobility..and of the mercantiles..alpargatas, or string-soled shoes, are the footwear of the Spanish nation.

1948 Jrnl. Polit. 10 824 Rather because of the strong conviction..that the China trade would never become necessary or even important to the British economy, did the Foreign Office refuse to ‘kowtow’ to the demands of the mercantiles.

1980 Pacific Affairs 53 552 When the present reviewer spoke of such matters in the Military Government of Hong Kong in 1945, they were simply incomprehensible to the officials and mercantiles.

2. U.S. = mercantile store n. at Compounds.

ΘΚΠ

society > trade and finance > trading place > place where retail transactions made > [noun] > shop

shopc1390

seldc1450

cheap-house1606

bursea1661

swag1676

repository1725

store1731

warehouse1754

sale-shop1757

shoppie1773

emporium1803

mercantile1984

1984 J. A. Phillips Machine Dreams 67 He pictured her receiving news, tidbits of stories, at the bank, at the mercantile.

1988 L. Erdrich Tracks (1989) iii. 37 I liked to sit out there and watch the road to see the design of people on their errands, to church and town..the girls walking to the mercantile by twos, bearing cans of precious cream between them.

1993 W. Baldwin Hard to catch Mercy iii. 85 I felt secure enough to follow Uncle Jimmy inside the mercantile.

Compounds

mercantile doctrine n. now historical = mercantile system n.

ΚΠ

1816 Durham County Advertiser 30 Mar. Why..should we listen for a moment to the mercantile doctrine of low priced provisions being necessary to enable us to maintain a competition with foreigners in a trade which is comparatively unimportant?

1885 J. K. Ingram in Encycl. Brit. XIX. 354/2 The mercantile doctrine, stated in its most extreme form, makes wealth and money identical.

1935 Internat. Jrnl. Ethics 45 228 Adam Smith endeavored to explode the mercantile doctrine, prevalently held in his day.

1954 William & Mary Q. 11 526 Their descendants shook off medieval but not mercantile doctrines.

mercantile marine n. shipping employed in commercial as opposed to naval operations; the merchant navy.

ΘΚΠ

society > travel > travel by water > vessel, ship, or boat > trading vessel > [noun] > fleet of

mercantile marine1778

merchant navy1808

merchant marine1839

1778 Kentish Gaz. 7 Oct. They add, that the English privateers ruin the mercantile marine of France, by taking a great number of ships.

1829 J. Marshall (title) A statement of the various proceedings prior and subsequent to the appointment of a Committee, in 1824, to inquire into the mode of classing the Mercantile Marine at Lloyd's.

1916 J. Buchan Greenmantle ix. 117 The German mercantile marine was laid on ice till the end of the war.

1999 Encycl. Brit. Online (Version 99.1) at Brostrom Brostrom is regarded as the father of the modern Swedish mercantile marine.

mercantile school n. (a) (originally U.S.) a school, college, etc., at which commerce and business skills are taught; (b) the body of adherents of mercantilism (see mercantilism n. 2) (now rare).

ΘΚΠ

society > trade and finance > [noun] > principles and practice of > system of economic doctrine > advocate or supporter of

commercialist1807

mercantile school1813

prohibitionist1830

protectionist1834

mercantilist1854

protectee1894

preferentialist1900

1813 in Jrnl. Cork Hist. & Archaeol. Soc. (1973) 78 140 100 8vo hand bills Mercantile School.

1848 Commerc. Rev. South & West June 468 There are many learned institutions at Havana, among others,..a free mercantile school.

1881 Contemp. Rev. Nov. 806 The ‘mercantile’ school was right in maintaining that an influx of precious metal stimulates commerce and industry.

1886 Overland Monthly May 494/1 Before I left, they...were as sharp at a bargain as if education in the best mercantile school had been part of their early training.

1918 Amer. Econ. Rev. 8 88 It is often stated that Adam Smith wrote to refute the doctrines of the mercantile school.

2000 Swiss News (Nexis) 1 Feb. 12 Graduating from the Commercial High School..Ogi then studied at the Swiss Mercantile School in London.

mercantile store n. U.S. (now chiefly historical) a retail store.

ΚΠ

1814 H. M. Brackenridge Views Louisiana 123 There is a printing office, and twelve mercantile stores.

1869 M. H. Smith Sunshine & Shadow in N.Y. 79 I entered a large mercantile store, and for a time did the menial work.

1919 Jrnl. Polit. Econ. 27 764 It is self-evident that in a mercantile store goods must be purchased and placed upon the shelves or in the wareroom before they can be sold.

1992 Sante Fe (New Mexico) Jrnl. Reporter 2 Dec. 34/3 There was a mercantile store in the pueblo. My mother would take me there and buy me a whole new outfit.

mercantile system n. now historical the economic principles and policies associated with mercantilism (see mercantilism n. 2).

ΘΚΠ

society > trade and finance > [noun] > principles and practice of > system of economic doctrine

prohibitiona1641

protection1719

mercantile system1776

mercantile doctrine1816

mercantile theory1820

protectionism1846

productionism1929

1776 A. Smith Inq. Wealth of Nations II. iv. i. 2 (heading) Of the Principle of the commercial, or mercantile System.

1848 J. S. Mill Princ. Polit. Econ. I. 2 The set of doctrines designated, since the time of Adam Smith, by the appellation of the Mercantile System.

1921 Econ. Jrnl. 31 57 The nation's historical evolution is a modern testimony to the truth of Schmoller's characterisation of the mercantile system.

1994 Jrnl. Econ. Lit. 32 1859/2 The two schools differed about relative costs and benefits of the mercantile system.

mercantile theory n. now historical = mercantile system n.

ΚΠ

1820 Newcastle Courant 20 May Admitting, therefore, to its fullest extent, the plausibility of the mercantile theory, I am afraid, Sir, we shall be under the necessity of adopting the more prudential plan of cultivating our own fields before we cultivate those of our neighbours.

1848 J. S. Mill Princ. Polit. Econ. I. 7 The Mercantile Theory could not fail to be seen in its true character.

1880 Princeton Rev. May 400 He told the advocates of the mercantile theory that it was not by gold or silver but by labor that all the wealth of the world was originally purchased.

1904 Jrnl. Royal Statist. Soc. 67 700 Herr Biedermann warns us against undervaluing the kernel of truth in the mercantile theory.

1995 Jrnl. Southern Hist. 61 573 Farmer dutifully deals with a number of theoretical approaches to rural economic development—central place theory, mercantile theory, and staple theory.

This entry has been updated (OED Third Edition, September 2001; most recently modified version published online March 2022).

单词	mercantile
释义	mercantileadj.n. Brit. /ˈməːk(ə)ntʌɪl/, U.S. /ˈmərkənˌtil/, /ˈmərkənˌtaɪl/, /ˈmərkəntl/ Forms: 1600s merchantile, 1600s 1800s mercantil, 1600s– mercantile, 1700s mercantiel. Origin: A borrowing from French. Etymon: French mercantile. Etymology: < French mercantile (1551 in Middle French as mercantil ) < Italian mercantile (14th cent.) < mercante merchant ( < classical Latin mercant- , mercāns merchant (earliest in Columella and Suetonius), use as noun of present participle of mercārī to buy: see market n.) + -ile -ile suffix. Compare Portuguese mercantil (16th cent.), Spanish mercantil (1617).Sense A. 4 is not attested in French before 1776. In form merchantile after merchant n. A. adj. 1. a. Of or relating to merchants or traders, or their trade; concerned with the exchange of merchandise. Also: of or relating to trade or commerce; commercial. ΘΚΠ society > trade and finance > [adjective] chaffering1483 merchantlike1566 merchantablea1603 emporial1604 merchandising1616 mercantile1638 mercatorian1648 mercatory1654 mercatorial1662 commercial1757 tradal1846 tradey1855 mercantilist1881 mercantilistic1883 1638 L. Roberts Merchants Mappe of Commerce i. 2 He may by well husbanding his mercantile imployment and time, joyn a future benefit of mind, to a present profit of estate. 1645 J. Howell Epistolæ Ho-elianæ i. xxviii. 54 The onely procede (that I may use the mercantil term) you can expect, is thanks. 1727 J. Arbuthnot Tables Anc. Coins 224 The Expedition of the Argonauts..was partly mercantile, partly military. 1759 Bk. Fairs 54 Black cattle, sheep, horses, and mercantile goods. 1793 tr. A. R. J. Turgot Refl. Formation & Distrib. Wealth §66. 72 It is the object of the mercantile profession, who purchase goods from the hands of the person who produces them, to store them in warehouses. 1849 T. B. Macaulay Hist. Eng. II. vi. 51 Bonrepaux..was esteemed an adept in the mystery of mercantile politics. 1856 E. A. Bond Russia at Close of 16th Cent. Introd. 130 By joining in his mercantile ventures in Russia. 1910 Encycl. Brit. I. 618/2 His travels and mercantile experience had led him to conclude that the Hindu methods of computing, were in advance of those then in general use. 1967 G. Steiner Lang. & Silence 226 The new mercantile society and centralized state followed hard on the decay of feudalism. 1981 P. Carey Bliss i. 13 He had..an advertising agency which provided a good enough living for a man with an almost aristocratic disdain for mercantile success. b. Of a court, etc.: that deals with, investigates, or controls commercial affairs. Now chiefly historical. ΚΠ 1841 W. Spalding Italy & Ital. Islands III. 332 There are three courts,..a civil, a criminal, and a mercantile. 1858 I. S. Homans & I. S. Homans Cycl. Commerce & Commerc. Navigation (at cited word) The Mercantile Agency is a name applied to various houses in the leading cities of the United States, and in Montreal and London. The principal object of the Agency is to supply, to annual subscribers, information respecting the character, capacity and pecuniary condition of persons asking credit... The Agency was first established in 1841 in the city of New York. 1893 Polit. Sci. Q. 9 16 (note) Figures compiled and published by Dun's Mercantile Agency. 1974 Jrnl. Mod. Hist. 46 725 The case was brought before the Mercantile Court of Florence, and Niccolò was awarded 120 ducats. 2. That is engaged in trade or commerce. ΘΚΠ society > trade and finance > [adjective] > trading merchantc1400 demeanant1467 trading1578 tradeful1595 commercing1610 merchandised1619 mercantile1645 commerciala1687 merchanting1921 1645 J. Howell Epistolæ Ho-elianæ ii. xv. 30 Amsterdam..is one of the greatest mercantill Towns in Europ. 1662 J. Davies tr. A. Olearius Voy. & Trav. J. Albert de Mandelslo ii. 140 in Voy. & Trav. Ambassadors The scituation of this town is upon a fair River, with a good harbour that renders it very Merchantile. a1734 R. North Examen (1740) iii. viii. §29. 604 His [sc. Fairclough's] Son was then mercantiel Servant to Mr. North. 1755 S. Johnson Dict. Eng. Lang. Pref. Of the laborious and mercantile part of the people, the diction is in a great measure casual and mutable. 1786 in O. Browning Despatches from Paris (1909) I. 125 I was assured yesterday by a person employed in one of the most capital mercantile houses in Paris that the contagion of public gaming was become so universal that [etc.]. 1801 J. Orrok Let. 7 July (1927) 7 To get a Situation in any of the publick Offices or in any mercantile house, with a permanent income. 1841 M. Elphinstone Hist. India I. ii. iv. 213 The Jáins..are generally an opulent and mercantile class. 1889 Act 52 & 53 Vict. c. 45 §1 The expression ‘mercantile agent’ shall mean a mercantile agent having..authority either to sell goods, or [etc.]. 1922 Accountant's Dict. II. 704 Mercantile Agent, an agent who is concerned exclusively with mercantile matters. 1988 B. Chatwin Utz 119 I had the impression of a mercantile city in mourning, not so much for its lost prosperity as the loss of its European role. †3. Characteristic of a merchant or trader (in quot. 1755 depreciative). Obsolete. ΘΚΠ society > trade and finance > trader > merchant > [adjective] merchantly1424 merchantlike1641 mercative1656 mercantile1755 1755 Earl of Chatham Lett. to Nephew (1804) xi. 67 Pardon an observation on style: ‘I received yours’ is vulgar and mercantile; ‘your letter’ is the way of writing. 1819 G. Crabbe Tales of Hall I. vii. 152 A bill That was not drawn with true mercantile skill. 1839 A. Alison Hist. Europe from French Revol. VII. lii. 109 A nation in which the chivalrous and mercantile qualities are strongly blended. 4. Having payment or gain as the motive; mercenary; (also) fond of bargaining. ΘΚΠ society > trade and finance > management of money > income, revenue, or profit > getting or making money > [adjective] > bent on or adapted to making gain > influenced by desire for wealth > of conduct or action mercenary1532 mercantile1756 1756 J. Warton Ess. on Pope I. v. 260 The mercantile bard [sc. Dryden]. 1856 R. W. Emerson Eng. Traits xiv. 131 He [sc. the Englishman] loves the axe, the spade, the oar, the gun, the steampipe... He is materialist, economical, mercantile. 1862 J. Ruskin Unto this Last ii. 41 The two economies, to which the terms ‘Political’ and ‘Mercantile’ might not unadvisedly be attached... Mercantile economy, the economy of ‘merces’ or of ‘pay’, signifies the accumulation, in the hands of individuals, of legal or moral claim upon, or power over, the labour of others. 1974 B. Pearce tr. S. Amin Accumulation on World Scale I. i. 40 The period when capitalism was being formed—the ‘prehistory’ that comes down to the Industrial Revolution..can be defined by the predominantly mercantile character of capitalism. B. n. 1. A merchant; a person engaged in trade or commerce. rare. ΘΚΠ society > trade and finance > trader > merchant > [noun] merchantc1225 grocer1427 merchantman1449 marketor1474 fleece-feeder1549 mercadore1595 marcantanta1616 man of business1640 correspondent1698 businessman1803 mercantile1813 net importer1925 commercial1962 1813 J. Austen Let. 14 Oct. (1995) 237 A great rich mercantile Sir Robert Wigram. 1921 Chambers's Jrnl. July 440/1 With the exception of the nobility..and of the mercantiles..alpargatas, or string-soled shoes, are the footwear of the Spanish nation. 1948 Jrnl. Polit. 10 824 Rather because of the strong conviction..that the China trade would never become necessary or even important to the British economy, did the Foreign Office refuse to ‘kowtow’ to the demands of the mercantiles. 1980 Pacific Affairs 53 552 When the present reviewer spoke of such matters in the Military Government of Hong Kong in 1945, they were simply incomprehensible to the officials and mercantiles. 2. U.S. = mercantile store n. at Compounds. ΘΚΠ society > trade and finance > trading place > place where retail transactions made > [noun] > shop shopc1390 seldc1450 cheap-house1606 bursea1661 swag1676 repository1725 store1731 warehouse1754 sale-shop1757 shoppie1773 emporium1803 mercantile1984 1984 J. A. Phillips Machine Dreams 67 He pictured her receiving news, tidbits of stories, at the bank, at the mercantile. 1988 L. Erdrich Tracks (1989) iii. 37 I liked to sit out there and watch the road to see the design of people on their errands, to church and town..the girls walking to the mercantile by twos, bearing cans of precious cream between them. 1993 W. Baldwin Hard to catch Mercy iii. 85 I felt secure enough to follow Uncle Jimmy inside the mercantile. Compounds mercantile doctrine n. now historical = mercantile system n. ΚΠ 1816 Durham County Advertiser 30 Mar. Why..should we listen for a moment to the mercantile doctrine of low priced provisions being necessary to enable us to maintain a competition with foreigners in a trade which is comparatively unimportant? 1885 J. K. Ingram in Encycl. Brit. XIX. 354/2 The mercantile doctrine, stated in its most extreme form, makes wealth and money identical. 1935 Internat. Jrnl. Ethics 45 228 Adam Smith endeavored to explode the mercantile doctrine, prevalently held in his day. 1954 William & Mary Q. 11 526 Their descendants shook off medieval but not mercantile doctrines. mercantile marine n. shipping employed in commercial as opposed to naval operations; the merchant navy. ΘΚΠ society > travel > travel by water > vessel, ship, or boat > trading vessel > [noun] > fleet of mercantile marine1778 merchant navy1808 merchant marine1839 1778 Kentish Gaz. 7 Oct. They add, that the English privateers ruin the mercantile marine of France, by taking a great number of ships. 1829 J. Marshall (title) A statement of the various proceedings prior and subsequent to the appointment of a Committee, in 1824, to inquire into the mode of classing the Mercantile Marine at Lloyd's. 1916 J. Buchan Greenmantle ix. 117 The German mercantile marine was laid on ice till the end of the war. 1999 Encycl. Brit. Online (Version 99.1) at Brostrom Brostrom is regarded as the father of the modern Swedish mercantile marine. mercantile school n. (a) (originally U.S.) a school, college, etc., at which commerce and business skills are taught; (b) the body of adherents of mercantilism (see mercantilism n. 2) (now rare). ΘΚΠ society > trade and finance > [noun] > principles and practice of > system of economic doctrine > advocate or supporter of commercialist1807 mercantile school1813 prohibitionist1830 protectionist1834 mercantilist1854 protectee1894 preferentialist1900 1813 in Jrnl. Cork Hist. & Archaeol. Soc. (1973) 78 140 100 8vo hand bills Mercantile School. 1848 Commerc. Rev. South & West June 468 There are many learned institutions at Havana, among others,..a free mercantile school. 1881 Contemp. Rev. Nov. 806 The ‘mercantile’ school was right in maintaining that an influx of precious metal stimulates commerce and industry. 1886 Overland Monthly May 494/1 Before I left, they...were as sharp at a bargain as if education in the best mercantile school had been part of their early training. 1918 Amer. Econ. Rev. 8 88 It is often stated that Adam Smith wrote to refute the doctrines of the mercantile school. 2000 Swiss News (Nexis) 1 Feb. 12 Graduating from the Commercial High School..Ogi then studied at the Swiss Mercantile School in London. mercantile store n. U.S. (now chiefly historical) a retail store. ΚΠ 1814 H. M. Brackenridge Views Louisiana 123 There is a printing office, and twelve mercantile stores. 1869 M. H. Smith Sunshine & Shadow in N.Y. 79 I entered a large mercantile store, and for a time did the menial work. 1919 Jrnl. Polit. Econ. 27 764 It is self-evident that in a mercantile store goods must be purchased and placed upon the shelves or in the wareroom before they can be sold. 1992 Sante Fe (New Mexico) Jrnl. Reporter 2 Dec. 34/3 There was a mercantile store in the pueblo. My mother would take me there and buy me a whole new outfit. mercantile system n. now historical the economic principles and policies associated with mercantilism (see mercantilism n. 2). ΘΚΠ society > trade and finance > [noun] > principles and practice of > system of economic doctrine prohibitiona1641 protection1719 mercantile system1776 mercantile doctrine1816 mercantile theory1820 protectionism1846 productionism1929 1776 A. Smith Inq. Wealth of Nations II. iv. i. 2 (heading) Of the Principle of the commercial, or mercantile System. 1848 J. S. Mill Princ. Polit. Econ. I. 2 The set of doctrines designated, since the time of Adam Smith, by the appellation of the Mercantile System. 1921 Econ. Jrnl. 31 57 The nation's historical evolution is a modern testimony to the truth of Schmoller's characterisation of the mercantile system. 1994 Jrnl. Econ. Lit. 32 1859/2 The two schools differed about relative costs and benefits of the mercantile system. mercantile theory n. now historical = mercantile system n. ΚΠ 1820 Newcastle Courant 20 May Admitting, therefore, to its fullest extent, the plausibility of the mercantile theory, I am afraid, Sir, we shall be under the necessity of adopting the more prudential plan of cultivating our own fields before we cultivate those of our neighbours. 1848 J. S. Mill Princ. Polit. Econ. I. 7 The Mercantile Theory could not fail to be seen in its true character. 1880 Princeton Rev. May 400 He told the advocates of the mercantile theory that it was not by gold or silver but by labor that all the wealth of the world was originally purchased. 1904 Jrnl. Royal Statist. Soc. 67 700 Herr Biedermann warns us against undervaluing the kernel of truth in the mercantile theory. 1995 Jrnl. Southern Hist. 61 573 Farmer dutifully deals with a number of theoretical approaches to rural economic development—central place theory, mercantile theory, and staple theory. This entry has been updated (OED Third Edition, September 2001; most recently modified version published online March 2022). < adj.n.1638
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