trade

/treid/
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trade

Two merchants shake hands after agreeing to a trade of spices for silk.

Definition

  1. Noun:

    • The business of buying and selling goods and services: "trade" refers to the activity of exchanging goods or services for money or other goods and services, often on a large scale.
    • A skilled job, especially one requiring manual skills: "trade" can also mean a particular type of skilled work, typically one learned through practice and experience.
    • The people or companies engaged in a particular business: "trade" can refer collectively to the businesses and individuals involved in a specific industry.
    • An instance of buying or selling; a deal: "trade" can mean a single act of business or exchange.

  2. Verb:

    • To buy and sell goods or services: The primary meaning is to engage in commerce.
    • To exchange one thing for another: "trade" means to give something and receive something else in return.
    • To be bought and sold: Used to describe how a commodity or security is exchanged in a market.
Usage Examples

  • Noun:

    • International trade is vital for the global economy. (The exchange of goods between countries is crucial.)
    • He is a carpenter by trade. (His skilled profession is carpentry.)
    • The book trade is discussing the new publishing trends. (The people in the book business are having a discussion.)
    • The company made a profitable trade. (The company completed a successful business deal.)

  • Verb:

    • The company trades in agricultural products. (The company buys and sells farm goods.)
    • I'll trade my sandwich for your apple. (I will exchange my sandwich for your apple.)
    • This stock trades at a high volume. (This company's shares are bought and sold frequently.)
Advanced Usage

  • "the trade": a term used to refer to the people working in a specific industry, often informally.

    • It's a secret well known in the trade. (It is information familiar to people in that business.)

  • "to trade on/upon something": to use a particular fact or quality to your advantage, often unfairly.

    • He traded on his family name to get the job. (He used the reputation of his family to gain an advantage.)
Variants and Related Words
  • Trader (n): a person or company involved in trade.
    • She is a successful currency trader.
  • Trading (n): the act of engaging in trade.
    • Online trading has become very popular.
  • Tradable (adj): able to be traded.
    • These bonds are easily tradable.
Synonyms
  • Commerce: the activity of buying and selling, especially on a large scale.
  • Barter: to exchange goods or services for other goods or services without using money.
  • Craft: a skilled trade, especially one involving making things by hand.
Related Phrasal Verbs
  • Trade in: to give an old item as part of the payment for a new one.
    • He decided to trade in his old laptop for a newer model.
  • Trade off: to balance two opposing situations or qualities.
    • There is a trade-off between speed and accuracy.
Related Idioms
  • "Jack of all trades, master of none": a person who can do many different types of work but is not an expert in any of them.
    • He can fix anything, but he's a jack of all trades, master of none.
  • "Tricks of the trade": clever methods used in a particular profession.
    • The experienced chef taught me some tricks of the trade.
trade

Two merchants shake hands after agreeing to a trade of spices for silk.

Noun
  1. an equal exchange
    • we had no money so we had to live by barter
  2. steady winds blowing from east to west above and below the equator
    • they rode the trade winds going west
  3. people who perform a particular kind of skilled work
    • he represented the craft of brewers
    • as they say in the trade
  4. a particular instance of buying or selling
    • it was a package deal
    • I had no further trade with him
    • he's a master of the business deal
  5. the business given to a commercial establishment by its customers
    • even before noon there was a considerable patronage
  6. the skilled practice of a practical occupation
    • he learned his trade as an apprentice
  7. the commercial exchange (buying and selling on domestic or international markets) of goods and services
    • Venice was an important center of trade with the East
    • they are accused of conspiring to constrain trade
Verb
  1. do business; offer for sale as for one's livelihood
    • She deals in gold
    • The brothers sell shoes
  2. exchange or give (something) in exchange for
  3. be traded at a certain price or under certain conditions
    • The stock traded around $20 a share
  4. turn in as payment or part payment for a purchase
    • trade in an old car for a new one
  5. engage in the trade of
    • he is merchandising telephone sets

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