Commercial is one of the most tossed around terms in any industry and many people might have an incomplete, wrong or privileged view of what it actually means. In the most simple terms, it refers to any person, place or thing that is focused on profit and revenue. That might include anything from business operations to financial trading.
For example, a business that sells products through a storefront or online is commercial. Similarly, restaurants that sell food to the public are commercial. Other examples would include a food truck that drives to different locations each day to sell its products or commercial aviation services, which carry passengers for a fee.
Commercial also applies to the financial market and can refer to any trading activity that is for profit. For instance, commercial positions in the options and futures markets generally indicate hedging activity while non-commercial positions tend to denote speculative activities. Economists also use commercial positions to forecast macroeconomic data such as gross domestic product (GDP) growth.
Even personal uses can be considered commercial depending on the intention of the user. For example, using software to create marketing materials is considered a commercial use, because the ultimate goal of that activity is to increase sales. On the other hand, using a graphic design program for your own personal use is considered non-commercial. werbespot