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1911 Encyclopedia Britannica
(0. Fr. marcheant, modern marchand; from Lat. mercari, to trade, merx, goods, merchandise), a trader, one who buys and sells goods for profit. The term is now usually confined to a wholesale dealer or one who trades on an extended scale with foreign countries.
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Chisholm, Hugh, General Editor. Entry for 'Merchant'. 1911 Encyclopedia Britanica. https://www.studylight.org/encyclopedias/eng/bri/m/merchant.html. 1910.