IN RE MERCATORIA

in re mercatoria (in ree m[schwa]r-k[schwa]-tor-ee-[schwa]). [Latin] Scots law. In a mercantile transaction. • Documents made in or connected with a mercantile transaction did not require the typical formalities in order to be binding. “All writings in re mercatoria are privileged, and are held valid and binding, although wanting the solemnities common and necessary to […]