Medieval commerce refers to the trade practices that flourished in Europe during the Middle Ages, roughly from the 5th to the late 15th century. This period saw the rise of towns and markets, where goods such as spices, textiles, and metals were exchanged. Trade routes, including the Silk Road and Mediterranean Sea, facilitated the movement of products and ideas between different cultures. The growth of commerce led to the establishment of guilds, which were associations of artisans and merchants that regulated trade practices and maintained quality standards. Additionally, the use of currency became more common, replacing barter systems and allowing for more efficient transactions. This economic development contributed to the eventual rise of cities and the Renaissance.