Chamber Of Commerce

AAA

DEFINITION of 'Chamber Of Commerce'

An association of businessmen and businesswomen designed to promote and protect the interests of its members. There is a national Chamber of Commerce, as well as numerous state and local chambers. Among the benefits members receive are deals and discounts from other chamber members, listing in a member directory and a variety of other programs and services designed to promote business activity in a region.

INVESTOPEDIA EXPLAINS 'Chamber Of Commerce'

Chambers of commerce play an important role in local municipalities in promoting business activity and representing chamber members. At least at the local level, chamber of commerce members often meet to discuss and attempt to shape policy that relates to the business and overall economic environment. Members also receive the distinction of being a preferred local vendor, as well as listing on various municipal websites and literature.

RELATED TERMS
  1. Business Activities

    Any activity that is engaged in for the primary purpose of making ...
  2. Commerce

    The conduct of trade amongst economic agents. Generally, commerce ...
  3. Corporation

    A legal entity that is separate and distinct from its owners. ...
  4. Business

    1. An organization or enterprising entity engaged in commercial, ...
  5. Transloading

    Transferring goods from one mode of transportation to another ...
  6. Trailer Interchange Agreement

    A contract that arranges the transfer of a trailer to a second ...
Related Articles
  1. The Pioneers Of Financial Fraud
    Investing Basics

    The Pioneers Of Financial Fraud

  2. Shopping Online: Convenience, Bargains ...
    Options & Futures

    Shopping Online: Convenience, Bargains ...

  3. 10 Breakout Ideas For Small Businesses ...
    Entrepreneurship

    10 Breakout Ideas For Small Businesses ...

  4. A Guide To Conference Board Indicators
    Markets

    A Guide To Conference Board Indicators

comments powered by Disqus
Hot Definitions
  1. Takeover

    A corporate action where an acquiring company makes a bid for an acquiree. If the target company is publicly traded, the ...
  2. Harvest Strategy

    A strategy in which investment in a particular line of business is reduced or eliminated because the revenue brought in by ...
  3. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  4. Pareto Principle

    A principle, named after economist Vilfredo Pareto, that specifies an unequal relationship between inputs and outputs. The ...
  5. Pareto Principle

    A principle, named after economist Vilfredo Pareto, that specifies an unequal relationship between inputs and outputs. The ...
  6. Budget Deficit

    A status of financial health in which expenditures exceed revenue. The term "budget deficit" is most commonly used to refer ...
Trading Center