mer·can·til·ism (mûrkən-tē-lĭz′əm, -tĭ-)
1. The theory and system of political economy prevailing in Europe after the decline of feudalism, based on national policies of accumulating bullion, establishing colonies and a merchant marine, and developing industry and mining to attain a favorable balance of trade.
2. The practice, methods, or spirit of merchants; commercialism.
mercan·til·ist adj. & n.
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