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)

Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved.

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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Export sales fell a staggering 65.5 percent relative to total EU production from 1986 to 1992.(77) In 1990, a global study of automobile industry performance found that European companies, both volume producers and the specialist producers, had significantly lower levels of productivity and product quality than either Japanese or even the struggling American producers.(78) Given the uncompetitive state of European producers, there were widespread fears in Europe that trade policy liberalization would lead to potentially huge market share losses, especially to Japanese producers.(79)
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It will meet at least four times a year and will be chaired by Trade Policy Minister George Hollingbery.
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