The act or the business of buying and selling for money; traffic; barter. May v. Sloan, 101 U.S. 231, 25 L.Ed. 797. Purchase and sale of goods and services between businesses, states or nations. Trade is not a technical word and is ordinarily used in three senses:
(1) in that of exchanging goods or commodities by barter or by buying and selling for money;
(2) in that of a business occupation generally;
(3) in that of a mechanical employment, in contradistinction to the learned professions, agriculture, or the liberal arts. People v. Polar Vent of America, Inc., 10 Misc.2d 378, 174 N.Y.S.2d 789, 793.
An occupation or regular means of livelihood and is business one practices or the work in which one engages regularly. One's calling; occupation; gainful employment; means of livelihood. People v. Carr, 163 Cal. App.2d 568, 329 P.2d 746, 752.
Transaction involving purchase and sale of stocks, bonds, or other securities.
See also balance (balance of trade); commerce; trade and commerce; trade or business
@ trade acceptance
A draft or bill of exchange drawn by the seller on the purchaser of goods sold, and accepted by such purchaser, and its purpose is to make the book account liquid, and permit the seller to raise money on it before it is due under the terms of the sale, and its principal function is to take the place of selling goods on an open account and when properly drawn, it is negotiable. Gilliland & Echols Farm Supply & Hatchery v. Credit Equipment Corp., 269 Ala. 190, 112 So.2d 331, 332.
A draft drawn by a seller which is presented for signature (acceptance) to the buyer at the time goods are purchased and which then becomes the equivalent of a note receivable of the seller and the note payable of the buyer. A bill of exchange or draft drawn by the seller of goods on the purchaser and accepted by such purchaser. Once accepted, the purchaser becomes primarily liable to pay the draft.
See U.C.C. No. 3-413(1)
@ trade agreement
Agreement between two countries or among many nations concerning buying and selling of each country's goods.
See also collective bargaining agreement
- reciprocal trade agreements
@ trade and commerce
The words "trade" and "commerce," when used in juxtaposition impart to each other enlarged signification, so as to include practically every business occupation carried on for subsistence or profit and into which the elements of bargain and sale, barter, exchange, or traffic, enter.
@ trade association
An association of business organizations having similar problems and engaged in similar fields formed for mutual protection, interchange of ideas and statistics and for maintenance of standards within their industry
@ trade commission
@ trade deficit
@ trade surplus
@ trade deficit or surplus
trade deficit or surplus
Excess of nations imports over exports (trade deficit) or exports over imports (trade surplus). Such determines a nation's balance of trade (positive or negative).
@ trade discount
A discount from list price offered to all customers of a given type; e.g. discount offered by lumber dealer to building contractor. Difference between seller's list price and the price at which he actually sells goods to the trade. State v. Eau Claire Oil Co., 35 Wis.2d 724, 151 N.W.2d 634, 642. Contrast with a discount offered for prompt payment and quantity discount
+ trade discount
Price reduction to different classes of customers; e.g. discount given by lumber dealers to builders and contractors
@ trade dispute
Within Unemployment Insurance Act barring benefit payments to persons who leave work because of trade dispute, the term includes controversy over working conditions, American-Hawaiian S. S. Co. v. California Employment Commission, 24 Cal.2d 716, 151 P.2d 213, 215; and, unwillingness to cross picket lines, Mattson Terminals v. California Employment Commission, 24 Cal.2d 695, 151 P.2d 202, 206.
@ trade dollar
A silver coin of the United States, of the weight of four hundred and twenty grains, troy
@ trade dress
The total appearance and image of a product, including features such as size, texture, shape, color or color combinations, graphics, and even particular advertising and marketing techniques used to promote its sale. John H. Harland Co. v. Clarke Checks, Inc., C.A.Ga., 711 F.2d 966, 980.
Duplication of the trade dress of another's goods is actionable as passing off at common law and under Trademark Act. 15 U.S.C.A. No. 1125(a). Commercial prints and labels constituting key elements of trade dress may be protectible under the copyright laws as well
- trade fixtures
@ trade libel
Intentional disparagement of quality of property, which results in pecuniary damage to plaintiff. Erlich v. Etner, 224 C.A.2d 69, 36 Cal.Rptr. 256, 258. The distinction between "libel" and "trade libel" is that the former concerns the person or reputation of plaintiff and the latter relates to his goods. Shores v. Chip Steak Co., 130 C.A.2d 627, 279 P.2d 595, 597

Black's law dictionary. . 1990.

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Look at other dictionaries:

  • Trade — Trade, n. [Formerly, a path, OE. tred a footmark. See {Tread}, n. & v.] 1. A track; a trail; a way; a path; also, passage; travel; resort. [Obs.] [1913 Webster] A postern with a blind wicket there was, A common trade to pass through Priam s house …   The Collaborative International Dictionary of English

  • trade — 1 n 1 a: the business or work in which one engages regularly b: an occupation requiring manual or mechanical skill c: the persons engaged in an occupation 2: the business of buying and selling or bartering commodities 3: an act or instance of… …   Law dictionary

  • trade — [trād] n. [ME, a track, course of action < MLowG, a track < OS trada, a trace, trail, akin to ME trede, TREAD] 1. Obs. a) a track; path b) a course; regular procedure 2. a) a means of earning one s living; occupation, work, or line of… …   English World dictionary

  • trade — n 1 Trade, craft, handicraft, art, profession are general terms which designate a pursuit followed as an occupation or means of livelihood and requiring technical knowledge and skill. Trade is applied chiefly to pursuits involving skilled manual… …   New Dictionary of Synonyms

  • trade-in — ˈtrade in noun [countable, uncountable] COMMERCE a way of buying a new car, computer etc in which you give the seller your old car etc as part of the payment; = part Bre: • A dealer may accept old equipment as a trade in on a new computer. • They …   Financial and business terms

  • trade — ► NOUN 1) the buying and selling of goods and services. 2) a commercial activity of a particular kind: the tourist trade. 3) a job requiring manual skills and special training. 4) (the trade) (treated as sing. or pl. ) the people engaged in a… …   English terms dictionary

  • trade-in — trade′ in n. 1) goods given in whole or, usu., part payment of a purchase: We used our old car as a trade in for the new one[/ex] 2) a business transaction involving a trade in 3) of or pertaining to the valuation of goods used in a trade in:… …   From formal English to slang

  • trade — (izg. trȇjd) m DEFINICIJA trg. trgovina, trgovanje SINTAGMA trade mark (izg. trade mȃrk) zaštitna ili trgovačka marka, žig, oznaka za robu jednog proizvođača; trade union (izg. trade jȕnion) radnički sindikat u Velikoj Britaniji, SAD u i drugim… …   Hrvatski jezični portal

  • trade-in — n AmE a used car, piece of equipment etc that you give to a seller of a new one that you are buying as part of the payment British Equivalent: part exchange ▪ Are you going to give your Ford as a trade in? trade in price/value ▪ The trade in… …   Dictionary of contemporary English

  • Trade — Trade, v. i. [imp. & p. p. {Traded}; p. pr. & vb. n. {Trading}.] 1. To barter, or to buy and sell; to be engaged in the exchange, purchase, or sale of goods, wares, merchandise, or anything else; to traffic; to bargain; to carry on commerce as a… …   The Collaborative International Dictionary of English

  • Trade — Trade, v. t. To sell or exchange in commerce; to barter. [1913 Webster] They traded the persons of men. Ezek. xxvii. 13. [1913 Webster] To dicker and to swop, to trade rifles and watches. Cooper. [1913 Webster] …   The Collaborative International Dictionary of English

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