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: trade fixture, trade secret, trademark)

trade

operations of a commercial character involving the provision to customers of goods or services for reward; an adventure in the nature of a trade connotes a single such operation.

Collins Dictionary of Law © W.J. Stewart, 2006

TRADE. In its most extensive signification this word includes all sorts of dealings by way of Bale or exchange. In a more limited sense it signifies the dealings in a particular business, as the India trade; by trade is also understood the business of a particular mechanic, hence boys are said to be put apprentices to learn a trade, as the trade of a carpenter, shoemaker, and the like. Bac. Ab. Master and Servant, D 1. Trade differs from art. (q.v.)
2. It is the policy of the law to encourage trade, and therefore all contracts which restrain the exercise of a man's talents in trade are detrimental to the commonwealth, and therefore void; though he may bind himself not to exercise a trade in a particular place, for, in this last case, as he may pursue it in another place, the commonwealth has the benefit of it. 8 Mass. 223; 9 Mass. 522. Vide Ware R. 257, 260 Com. Dig. h.t.; Vin. Ab. h.t.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.

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References in periodicals archive

"This is the only place in the world where stocks are traded as they are on the NYSE."

Electronic trading: portal to the future? Technological advances are moving markets toward an all-electronic environment, thanks in part to the growth of electronic exchanges. But the specialist system is far from dead, and some experts see a continuing need for at least occasional human intervention

Perhaps comforted by that SEC chairman's assurances that reporters wouldn't be sued, Winans agreed to disclose the subject of the next day's column to a broker who sometimes traded on that information, giving Winans a small portion of his profit.

St. Martha: why Martha Stewart should go to heaven and the SEC should go to hell

"You're looking to see if they always traded on the high end of the day," he says.

Stock buybacks: the rules

The regulations specifically describe situations in which a partnership is automatically treated as publicly traded and situations in which a partnership is safe-harbored, i.e., not treated as publicly traded.

Final regulations define publicly traded status for partnerships

Every hour of every day, Americans see, smell, touch, taste, and hear goods and services that are traded. Their perspective on trade policy may stem from how trade most affects them.

Listen Up!

93-84, a cash method, calendar-year taxpayer who sold stock traded on an established securities market in 1992, and did not receive the proceeds of the sale until early 1993, was required to report the gain or loss in 1992.

Cash method taxpayer must realize gain/loss on sale of stock in year of trade

Less competition from outsiders will be traded off against more competition from insiders.

GATT is dead; the world economy as we know it is coming to an end, taking the General Agreements on Tariffs and Trade with it

Based on this assessment, the value of the traded asset -- representing the amount a willing buyer would pay up to its historical carrying amount -- is reclassified to prepaid marketing expense.

Creating value through cash savings. (Corporate Trade)