👉 Pre-commercial refers to a type of commercial activity or transaction that occurs before the actual sale of goods or services. This includes events such as auctions, trades, and mergers and acquisitions where buyers and sellers do not yet have a formal deal in place. Pre-commercial activities are typically conducted outside of traditional retail environments, often taking place in private settings or over the Internet. Pre-commercial transactions are often characterized by low pressure and minimal negotiation, with the goal being to close as quickly as possible while minimizing costs
