e-commerce
n. The buying and selling of goods and services over the Internet.

Example Citation:
" 'E-commerce,' as it's known among those in the know, involves completing transactions on the Web; displaying detailed information on products and services; processing orders and credit-card purchases; and delivering confirmation and follow-up service."
—Art Harrison & Janet Gellici, "Net firm hopes to zoom into 'e-commerce' zone," The Denver Post, November 18, 1996

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