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Merchant
A merchant is a person who trades in goods produced by other people, especially one who trades with foreign countries. Merchants have been known for as long as humans have engaged in trade and commerce. Merchants and merchant networks operated in ancient Babylonia, Assyria, Ancient China, China, Ancient Egypt, Egypt, Ancient Greece, Greece, Ancient India, India, Ancient Persia, Persia, Phoenicia and Roman Empire, Rome. During the European medieval period, a rapid expansion in trade and commerce led to the rise of a wealthy and powerful merchant class. The European Age of Discovery opened up new trading routes and gave European consumers access to a much broader range of goods. By the 18th century, a new type of manufacturer-merchant had started to emerge and modern business practices were becoming evident. The status of the merchant has varied during different periods of history and among different societies. In modern times, the term ''merchant'' has occasionally been used to re ...
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Merchants In A Southern Port By Thomas Wyck C1660
A merchant is a person who trades in Commodity, commodities produced by other people, especially one who trades with foreign countries. Historically, a merchant is anyone who is involved in commerce, business or trade. Merchants have operated for as long as industry, commerce, and trade have existed. In 16th-century Europe, two different terms for merchants emerged: referred to local traders (such as bakers and grocers) and ( nl, koopman) referred to merchants who operated on a global stage, importing and exporting goods over vast distances and offering added-value services such as credit and finance. The status of the merchant has varied during different periods of history and among different societies. In modern times, the term ''merchant'' has occasionally been used to refer to a businessperson or someone undertaking activities (commercial or industrial) for the purpose of generating profit, cash flow, sales, and revenue using a combination of human, financial, intellectual ...
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Merchant Services
Merchant services is a broad category of financial services intended for use by businesses. In its most specific use, it usually refers to merchant processing services that enables a business to accept a transaction payment through a secure (encrypted) channel using the customer's credit card or debit card or NFC/RFID enabled device. More generally, the term may include: * Credit and debit cards payment processing * Check guarantee and check conversion services * Automated clearing house check drafting and payment services * Gift card and loyalty programs * Payment gateway * Merchant cash advances * Online transaction processing * Point of sale (POS) systems * Electronic benefit transfer programs, such as ration stamps (called ''food stamps'' in the U.S.). Merchant service providers work as an intermediary between the bank, a person or organisation wanting to receive funds and the person or organisation looking to purchase goods or services. The merchant service provi ...
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Peddler
A peddler, in British English pedlar, also known as a chapman, packman, cheapjack, hawker, higler, huckster, (coster)monger, colporteur or solicitor, is a door-to-door and/or travelling vendor of goods. In England, the term was mostly used for travellers hawking goods in the countryside to small towns and villages. In London, more specific terms were used, such as costermonger. From antiquity, peddlers filled the gaps in the formal market economy by providing consumers with the convenience of door-to-door service. They operated alongside town markets and fairs where they often purchased surplus stocks which were subsequently resold to consumers. Peddlers were able to distribute goods to the more geographically-isolated communities such as those who lived in mountainous regions of Europe. They also called on consumers who, for whatever reason, found it difficult to attend town markets. Thus, peddlers played an important role in linking these consumers and regions to wider tr ...
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Direct Selling
Direct selling consists of single-level marketing (in which a direct seller makes money by buying products from a parent organization and selling them directly to customers) and multi-level marketing (in which the direct seller may earn money from both direct sales to customers and by sponsoring new direct sellers and potentially earning a commission from their efforts). Multi-Level Marketing is usually known as MLM. A single level direct selling involve mainly sale effort by the sales person, or named as an agent or a distributor. MLM would require more leadership and team work as products are sold through the network of many distributors, termed as business partners in many cases. According to the FTC: "Direct selling is a blanket term that encompasses a variety of business forms premised on person-to-person selling in locations other than a retail establishment, such as social media platforms or the home of the salesperson or prospective customer." Modern direct selling ...
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Commerce
Commerce is the large-scale organized system of activities, functions, procedures and institutions directly and indirectly related to the exchange (buying and selling) of goods and services among two or more parties within local, regional, national or international economies. More specifically, commerce is not business, but rather the part of business which facilitates the movement and distribution of finished or unfinished but valuable goods and services from the producers to the end consumers on a large scale, as opposed to the sourcing of raw materials and manufacturing of those goods. Commerce is subtly different from trade as well, which is the final transaction, exchange or transfer of finished goods and services between a seller and an end consumer. Commerce not only includes trade as defined above, but also a series of transactions that happen between the producer and the seller with the help of the auxiliary services and means which facilitate such trade. These auxilia ...
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Forum Venalium
A ( ) was a food market in Ancient Rome during the Roman Republic and Roman Empire. These mercantile fora were extensions of the Roman Forum and contained numerous buildings and monuments erected under the Republic and the Empire. In his ''Politics'', Aristotle proposed that a city should have both a ''free'' square in which "no mechanic or farmer or anyone else like that may be admitted unless summoned by the authorities" and a marketplace "where buying and selling are done... in a separate place, conveniently situated for all goods sent up from the sea and brought in from the country." The Roman Forum was originally used for athletic games and trading purposes of all kinds; however, the forum became a political and banking center where bankers and brokers had their offices. The (judicial) and (mercantile) came into existence under the empire because of the growth of the city and the increase in provincial business. Maenius, one of the Censors, was chiefly instrumental in br ...
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Trajan's Forum
Trajan's Forum ( la, Forum Traiani; it, Foro di Traiano) was the last of the Imperial fora to be constructed in ancient Rome. The architect Apollodorus of Damascus oversaw its construction. History This forum was built on the order of the emperor Trajan with the spoils of war from the conquest of Dacia, which ended in 106. The construction began between 105 and 107; according to the ''Fasti Ostienses'' the Forum was inaugurated in 112. Trajan's Column was erected and then inaugurated in 113. To build this monumental complex, extensive excavations were required: workers eliminated a ridge connecting the Quirinal and Capitoline (Campidoglio) Hills. Over 300,000 cubic meters of soil and rock were excavated and dumped outside the Porta Collina. It is possible that the excavations were initiated under Emperor Domitian, while the project of the Forum was completely attributed to the architect Apollodorus of Damascus, who also accompanied Emperor Trajan in the Dacian campaign. Duri ...
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Forum Boarium
The Forum Boarium (, it, Foro Boario) was the cattle ''forum venalium'' of ancient Rome. It was located on a level piece of land near the Tiber between the Capitoline, the Palatine and Aventine hills. As the site of the original docks of Rome (''Portus Tiberinus''), the Forum Boarium experienced intense commercial activity. The Forum Boarium was the site of the first gladiatorial contest at Rome which took place in 264 BC as part of aristocratic funerary ritual—a '' munus'' or funeral gift for the dead. Marcus and Decimus Junius Brutus Scaeva put on a gladiatorial combat in honor of their deceased father with three pairs of gladiators. The site was also a religious centre housing the Temple of Hercules Victor, the Temple of Portunus (Temple of Fortuna Virilis), and the massive 6th or 5th century BC Great Altar of Hercules. Architecture The Temple of Hercules Victor or ''Hercules Olivarius'' (Hercules the Olive Branch Bearear ), is a circular peristyle buildi ...
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Roman Forum
The Roman Forum, also known by its Latin name Forum Romanum ( it, Foro Romano), is a rectangular Forum (Roman), forum (plaza) surrounded by the ruins of several important ancient government buildings at the center of the city of Rome. Citizens of the ancient city referred to this space, originally a marketplace, as the ', or simply the '. For centuries the Forum was the center of day-to-day life in Rome: the site of Roman triumph, triumphal processions and elections; the venue for public speeches, Roman litigation, criminal trials, and gladiator, gladiatorial matches; and the nucleus of commercial affairs. Here statues and monuments commemorated the city's great men. The teeming heart of ancient Rome, it has been called the most celebrated meeting place in the world, and in all history. Located in the small valley between the Palatine Hill, Palatine and Capitoline Hills, the Forum today is a sprawling ruin of architectural fragments and intermittent archaeological excavations a ...
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Forum (Roman)
A forum (Latin ''forum'' "public place outdoors", plural ''fora''; English plural either ''fora'' or ''forums'') was a public square in a Roman municipium, or any civitas, reserved primarily for the vending of goods; i.e., a marketplace, along with the buildings used for shops and the stoas used for open stalls. Many fora were constructed at remote locations along a road by the magistrate responsible for the road, in which case the forum was the only settlement at the site and had its own name, such as Forum Popili or Forum Livi. The functions of a forum In addition to its standard function as a marketplace, a forum was a gathering place of great social significance, and often the scene of diverse activities, including political discussions and debates, rendezvous, meetings, et cetera. In that case, it supplemented the function of a '' conciliabulum''. Every '' municipium'' had a forum. Fora were the first of any civitas synoecized whether Latin, Italic, Etruscan, Greek ...
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Agora
The agora (; grc, ἀγορά, romanized: ', meaning "market" in Modern Greek) was a central public space in ancient Greek city-states. It is the best representation of a city-state's response to accommodate the social and political order of the polis. The literal meaning of the word "agora" is "gathering place" or "assembly". The agora was the center of the athletic, artistic, business, social, spiritual and political life in the city. The Ancient Agora of Athens is the best-known example. Origins Early in Greek history (13th–4th centuries BC), free-born citizens would gather in the agora for military duty or to hear statements of the ruling king or council. Later, the agora also served as a marketplace, where merchants kept stalls or shops to sell their goods amid colonnades. This attracted artisans who built workshops nearby. From these twin functions of the agora as a political and a commercial spot came the two Greek verbs , ''agorázō'', "I shop", and , ''agore ...
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Ancient Greece
Ancient Greece ( el, Ἑλλάς, Hellás) was a northeastern Mediterranean civilization, existing from the Greek Dark Ages of the 12th–9th centuries BC to the end of classical antiquity ( AD 600), that comprised a loose collection of culturally and linguistically related city-states and other territories. Most of these regions were officially unified only once, for 13 years, under Alexander the Great's empire from 336 to 323 BC (though this excludes a number of Greek city-states free from Alexander's jurisdiction in the western Mediterranean, around the Black Sea, Cyprus, and Cyrenaica). In Western history, the era of classical antiquity was immediately followed by the Early Middle Ages and the Byzantine period. Roughly three centuries after the Late Bronze Age collapse of Mycenaean Greece, Greek urban poleis began to form in the 8th century BC, ushering in the Archaic period and the colonization of the Mediterranean Basin. This was followed by the age of Classica ...
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