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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 ?
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.
"You're looking to see if they always traded on the high end of the day," he says.
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.
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.
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.
Less competition from outsiders will be traded off against more competition from insiders.
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.