Electronic Commerce relates to electronic trading of goods, services and electronic material. It is a general term which includes any form of commercial transactions or exchange of information through electronic mode.

Definitions:

'E-commerce refers to the use of the Internet and the Web to transact business. more formally, digitally enabled commercial transactions between and among organisations and individuals' - Kenneth C Laudon

'E-commerce is the movement of business onto the World Wide Web' - Prof. P.T. Joseph