What is another word for lex mercatoria?
Pronunciation: [lˈɛks mˌɜːkɐtˈɔːɹi͡ə] (IPA) 
Lex mercatoria refers to the body of commercial law that is recognized internationally and followed by businesses participating in international trade. There are several synonyms for this term, including the law merchant, mercantile law, and commercial law. These synonyms are often used interchangeably with lex mercatoria as they refer to the same legal framework. The law merchant is an ancient legal concept that dates back to medieval times and has been used to govern trade practices for centuries. Mercantile law and commercial law, on the other hand, are more modern terms that encompass a broader range of legal principles that govern commercial transactions. Regardless of the term used, these legal frameworks aim to provide consistent rules and regulations to facilitate international trade.
