De Mercatoribus Law and Legal Definition

De Mercatoribus is the name of a statute passed in the 11 Edward I. It allowed the charging of lands of a merchant with debts contracted in trade. The statute was also called Acton Burnell De Mercatoribus. It was passed in consequence of the complaints of foreign merchants, who could not recover the claims, because the lands of the debtors could not be sold for their debts.