trade

Definition

noun
  1. the business of buying and selling
  2. a particular type of business, or people or companies dealing in the same type of product
    Examples He’s in the secondhand car trade. • She’s very well known in the clothing trade.
verb
  • to buy and sell, to carry on a business
    Examples We trade with all the countries of the EU. • The company has stopped trading.
"…a sharp setback in foreign trade accounted for most of the winter slowdown. The trade balance sank $17 billion"[Fortune]
"…at its last traded price, the bank was capitalized around $1.05 billion"[South China Morning Post]
"…with most of the world’s oil now traded on spot markets, Opec’s official prices are much less significant than they once were"[Economist]
"…the London Stock Exchange said that the value of domestic UK equities traded during the year was £1.4066 trillion, more than the capitalization of the entire London market and an increase of 36 per cent compared with previous year’s total of £1.037 trillion"[Times]
"…trade between Britain and other countries which comprise the Economic Community has risen steadily from 33 per cent of exports to 50 per cent last year"[Sales & Marketing Management]
Learn a new term: sales department
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