interstate commerce

Trade and other business activities between those located in different states; esp., traffic in goods and travel of people between states.

• For purposes of this phrase, most statutory definitions include a territory of the United States as a state. Some statutory definitions of interstate commerce include commerce between a foreign country and a state.

— Also termed interstate trade. [Cases: Commerce 5. C.J.S. Com-merce §§ 2, 6.]

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词条贡献者

译者Wendy，欧洲知名商学院国际金融专业，擅长翻译各种与私募基金相关的法律文件。