The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

COMMERCIAL LAW Definition & Legal Meaning

Law dictionary entry - legal definition of embargo

Definition & Citations:

A phrase used to designate the whole body of substantive jurisprudence applicable to the rights, intercourse, and relations of persons engaged in commerce, trade, or mercantile pursuits. It is not a very scientific or accurate term. As foreign commerce is carried on by means of shipping, the term has come to be used occasionally as synonymous with “maritime law;” but, in strictness. the phrase “commercial law” is wider, and includes many transactions or legal questions which have nothing to do with shipping or its incidents. Watson v. Tarpley. 18 How. 521, 15 L. Ed. 500: Williams v. Gold Hill Min. Co. (C. C.) 96 Fed. 464

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.