Merchants have been known for as long as humans have engaged in trade and commerce. 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 and physical capital with a view to fueling economic development and growth.Ī scale or balance is often used to symbolise a merchant The status of the merchant has varied during different periods of history and among different societies.
In 16th-century Europe, two different terms for merchants emerged: meerseniers referred to local traders (such as bakers and grocers) and koopman ( Dutch: 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. Merchants have operated for as long as industry, commerce, and trade have existed. Historically, a merchant is anyone who is involved in business or trade.
Merchants from Holland and the Middle East trading.Ī merchant is a person who trades in commodities produced by other people, especially one who trades with foreign countries.
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