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Nov 23, 2010

Business Term of the Day: internet commerce

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Broad term covering all commercial activity on the internet, including auctioning, placing orders, making payments, transferring funds, and collaborating with trading partners. Internet commerce is not a synonym for electronic commerce (e-commerce) but one of its subsets.

Internet commerce is in the Banking, Commerce, Credit, & Finance, E-Commerce and Internet & World Wide Web subjects.

Internet commerce appears in the definitions of the following terms: credit card , consumer to business (C2B), consumer to consumer (C2C), co-branding, and countertrade.