trade

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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.

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.

References in periodicals archive ?
Three in 10 of those planning to trade down said they were doing so to boost their retirement income.
VERDICT: Trade down - SmartPrice is value for money.
Score: 4/5 VERDICT: Trade down - SmartPrice is value for money.
Consumers also continue to trade down on essentials by switching to less expensive brands.
"Consumers are trading down for price, but they will not trade down for value."
Of those that did trade down, more than two-thirds (79 percent of wine consumers, 67 percent of beer consumers and 63 percent of spirits consumers) say they can generally find good products at lower prices.
Consumers are desperately seeking value, and they are continuing to trade down."
KUWAIT, Nov 15 (KUNA) -- The Kuwait Stock Exchange (KSE) price index dipped below the 7,000 mark and ended Sunday trade down a whole 139.8 points to read 6,918.4 points.The weighted index was also down to 388.19 points, a loss of 10.06 points.Trades came to 3,365 transactions worth KD 45.2 million with some 155.667 million shares traded.The insurance index was stable while services lost a hefty 235.1 points, banks lost 188.1 points, and non-Kuwaitis lost 169.7 points.All other sectors ended the trading session in red as well.
According to Euromonitor, sales of color cosmetics grew marginally in 2007, and the category is forecast to decline by 4.4% by 2012 as consumers trade down to lower-priced mass brands--something that Milani Cosmetics has experienced as sales have fortunately increased in a very flat market.