IPA: /mɜːrˈkæn.taɪl/
KK: /mɜrˈkænˌtaɪl/
Related to merchants, trade, or commerce.
The city has a rich mercantile history, with many shops and markets.
Mercantile is derived from "mercari" (meaning to trade) and "-tile" (a suffix used to form adjectives). The word refers to things related to trade or commerce.
Think of 'trading' ('mercari') when you hear 'mercantile' — it relates to commerce and trade.