1.
commercial code; commercial law
The body of law governing commercial transactions and businesses; in Japan, one of the Six Codes. Also used loosely to mean a particular way of doing business.
Composed of 商 (commerce) + 法 (law). As one of the Six Codes, it governs merchants, companies, and commercial transactions.
Common collocations
- 商法改正: revision of the commercial code
- 会社法: the Companies Act — split off from the commercial code in 2005
- 悪徳商法: unscrupulous / fraudulent business practices
Usage
Beyond the statute, 商法 is often used in the sense of a "way of doing business," especially in the fixed phrase 悪徳商法 (shady sales tactics).
Related Words
Compare:
刑法 (criminal law)