Trade - meaning and definition. What is Trade
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What (who) is Trade - definition

ECONOMIC BRANCH INVOLVING THE EXCHANGE OF GOODS AND SERVICES
Buying; Mercantile; Commercialize; Commercialized; Commercialise; Commercialised; Trading; Commercializing; Commercial Law; Commercial development; Trading network; Commerce (economics); Commerec; Trading (commerce); Traded; Tradings; Tradingly; Trade flows; Market trading; Market trade; Physical exchange; Trade (commerce); Medieval trade; International Commerce; Trade network; Trade history; Prehistoric trade; Long-distance trade
  • ''Intérêts des nations de l'Europe, dévélopés relativement au commerce'' (1766)
  • South Russia]] (formerly part of the [[Bosporan Kingdom]] of [[Cimmerian Bosporus]], present-day [[Taman Peninsula]]); on exhibit at the [[Hermitage Museum]] in [[Saint Petersburg]]
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  • Berber]] trade with [[Timbuktu]], 1853
  • Mercury]] (the Roman patron-god of merchants), continues in use as a symbol of commerce.<ref>Hans Biedermann, James Hulbert (trans.), ''Dictionary of Symbolism - Cultural Icons and the Meanings behind Them'', p. 54.</ref>
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  • Two traders in 16th century Germany
  • late medieval Europe]]
  • Roman]] [[denarius]]
  • The [[San Juan de Dios Market]] in [[Guadalajara, Jalisco]]
  • A map of the [[Silk Road]] trade route between Europe and Asia
  • [[Danzig]] in the 17th century, a port of the [[Hanseatic League]]

trade         
1) n. a business or occupation for profit, particularly in retail or wholesale sales or requiring special mechanical skill. 2) v. to exchange one thing for another, which includes money for goods, goods for goods and favors for goods or money. See also: trade fixture trade secret trademark
trade         
(trades, trading, traded)
Frequency: The word is one of the 700 most common words in English.
1.
Trade is the activity of buying, selling, or exchanging goods or services between people, firms, or countries.
The ministry had direct control over every aspect of foreign trade.
...negotiations on a new international trade agreement...
Texas has a long history of trade with Mexico.
N-UNCOUNT: usu with supp
2.
When people, firms, or countries trade, they buy, sell, or exchange goods or services between themselves.
They may refuse to trade, even when offered attractive prices...
They had years of experience of trading with the West...
He has been trading in antique furniture for 25 years.
VERB: V, V with n, V in n
trading
Trading on the stock exchange may be suspended...
N-UNCOUNT: usu with supp
3.
A trade is a particular area of business or industry.
They've completely ruined the tourist trade for the next few years.
...the arms trade.
N-COUNT: usu supp N
4.
Someone's trade is the kind of work that they do, especially when they have been trained to do it over a period of time.
He learnt his trade as a diver in the North Sea...
Allyn was a jeweller by trade...
N-COUNT: oft poss N, also by N
5.
If someone trades one thing for another or if two people trade things, they agree to exchange one thing for the other thing. (mainly AM)
They traded land for goods and money...
Kids used to trade baseball cards...
They suspected that Neville had traded secret information with Mr Foster.
V-RECIP: V n for n (non-recip), pl-n V n, V n with n
Trade is also a noun. (in BRIT, use exchange
)
I am willing to make a trade with you...
N-COUNT
6.
If you trade places with someone or if the two of you trade places, you move into the other person's position or situation, and they move into yours. (mainly AM)
Mike asked George to trade places with him so he could ride with Tod...
The receiver and the quarterback are going to trade positions.
= exchange
V-RECIP: V n with n, pl-n V n
7.
In professional sports, for example football or baseball, if a player is traded from one team to another, they leave one team and begin playing for another. (AM; in BRIT, use transfer
)
He was traded from the Giants to the Yankees...
The A's have not won a game since they traded him.
VERB: be V-ed, V n
8.
If two people or groups trade something such as blows, insults, or jokes, they hit each other, insult each other, or tell each other jokes. (mainly AM)
Children would settle disputes by trading punches or insults in the schoolyard...
They traded artillery fire with government forces inside the city.
= exchange
V-RECIP: pl-n V n, V n with n
trade         
¦ noun
1. the buying and selling of goods and services.
N. Amer. (in sport) a transfer.
2. a job requiring manual skills and special training.
3. (the trade) [treated as sing. or plural] a particular area of business.
dated, chiefly derogatory the practice of making one's living in business, as opposed to in a profession or from unearned income.
4. a trade wind.
¦ verb
1. buy and sell goods and services.
buy or sell (an item or product).
(especially of shares or currency) be bought and sold at a specified price.
N. Amer. transfer (a player) to another team.
2. exchange, typically as a commercial transaction.
give and receive (insults or blows).
(trade something in) exchange a used article in part payment for another.
(trade something off) exchange something of value, especially as part of a compromise.
3. (trade on) take advantage of.
Derivatives
tradable (or tradeable) adjective
trading noun
Origin
ME: from Mid. Low Ger., lit. 'track', of W. Gmc origin; related to tread.

Wikipedia

Trade

Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market.

An early form of trade, barter, saw the direct exchange of goods and services for other goods and services, i.e. trading things without the use of money. Modern traders generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and letter of credit, paper money, and non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade.

In one modern view, trade exists due to specialization and the division of labour, a predominant form of economic activity in which individuals and groups concentrate on a small aspect of production, but use their output in trades for other products and needs. Trade exists between regions because different regions may have a comparative advantage (perceived or real) in the production of some trade-able commodity—including production of natural resources scarce or limited elsewhere. For example: different regions' sizes may encourage mass production. In such circumstances, trade at market prices between locations can benefit both locations. Different types of traders may specialize in trading different kinds of goods; for example, the spice trade and grain trade have both historically been important in the development of a global, international economy.

Retail trade consists of the sale of goods or merchandise from a very fixed location (such as a department store, boutique or kiosk), online or by mail, in small or individual lots for direct consumption or use by the purchaser. Wholesale trade is traffic in goods that are sold as merchandise to retailers, or to industrial, commercial, institutional, or other professional business users, or to other wholesalers and related subordinated services.

Historically, openness to free trade substantially increased in some areas from 1815 to the outbreak of World War I in 1914. Trade openness increased again during the 1920s but collapsed (in particular in Europe and North America) during the Great Depression of the 1930s. Trade openness increased substantially again from the 1950s onwards (albeit with a slowdown during the oil crisis of the 1970s). Economists and economic historians contend that current levels of trade openness are the highest they have ever been.

Examples of use of Trade
1. WTO is not about free trade, it’s about fair trade and orderly trade,» she said.
2. "This is an illegal trade much like the criminal arms trade or drugs trade.
3. Bilateral trade makes up only 0.5 percent of Japan‘s trade and 2.4 percent of Israel‘s trade.
4. For information on U.S. trade policy, see Trade and Economics.
5. Trade Representative, and the Indian Trade Minister were there.