CARTA MERCATORIA

Carta Mercatoria (kahr-t<<schwa>> m<<schwa>>r-k<<schwa>>-tor-ee-<<schwa>>).Hist. An English statute (enacted in 1303) establishing various rules that favored certain foreign merchants. • In exchange for paying customs duties, merchants received extensive trading rights throughout England, the power to export their mer-chandise, the liberty to dwell where they pleased, and certain legal rights. — Also termed Statutum de Nova Custuma. [Blacks Law 8th]