- trade
- An oral (or electronic) transaction involving one party buying a security from another party. Once a trade is consummated, it is considered "done" or final. settlement occurs 1-5 business days later. Bloomberg Financial Dictionary————A trade is a deal made on the London Stock Exchange. Sometimes referred to as a 'bargain'. London Stock Exchange Glossary————trade ( transaction)The purchase or sale of a specified number of contracts on the Exchange trading floor made in accordance with Exchange Rules. Chicago Mercantile Exchange Glossary
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▪ I. trade trade 1 [treɪd] noun1. [uncountable] COMMERCE the activity of buying, selling, or exchanging goods within a country or between countries:• Trade between Hong Kong and eastern European countries has been very limited.
• Restrictive practices in their home market have given Japanese industries an unfair advantage in international trade.
trade in• The Reptile Protection Trust wants to ban the trade in pet turtles.
2. [uncountable] ECONOMICS the value of a country's imports and exports, especially when these are compared:• The statistics on UK trade provided some basis for optimism.
• Hungary's total net trade fell between the last two quarters of the year.
• The new trade figures were released today.
exˌternal ˈtrade [uncountable] ECONOMICSbuying and selling goods and services abroad:• Luxembourg's external trade increased considerably, reflecting a boost in exports.
ˌfair ˈtrade ECONOMICS1. [uncountable] a system in which two countries which are trading partner S agree not to charge import taxes on particular goods they buy from each other:• The EU has fixed a date by which members should comply with its fair trade rules.
2. [uncountable] trading practices that do not restrict the rights of consumers:• Japan's Fair Trade Commission issued new anti-monopoly guidelines.
• America's fair trade laws
ˌforeign ˈtrade [uncountable] ECONOMICStrade with other countries:• China's expanding foreign trade.
ˌfree ˈtrade [uncountable] ECONOMICSa system in which goods can be bought and sold between countries without any restrictions such as tariff S (= taxes) or quota S (= limits on imports):free trade with• Quebec Liberals strongly support free trade with the US.
• an agreement on bilateral free trade (= free trade between two countries ) between Brazil and Venezuela.
• We aim at bringing the Pacific region rapidly into a US-sponsored Free Trade Area, en route to multilateral free trade (= free trade between many countries ) .
ˌinternational ˈtrade [uncountable] ECONOMICStrade in goods and services between different countries:• the Department of Foreign Affairs and International Trade
international trade in• the international trade in information technology
inˌvisible ˈtrade [uncountable] ECONOMICStrade in services such as tourism and banking:• Transport represents 12.6% of the world's total invisible trade.
ˌoverseas ˈtrade [uncountable] ECONOMICStrade with countries abroad:• The new exporters' organization is intended to help companies get round obstacles to overseas trade.
ˌvisible ˈtrade [uncountable] ECONOMICStrade with other countries in physical goods not services:• Exports are booming and forecasters are optimistic about visible trade.
• The figures suggest an improvement in the retail trade (= business done by shops ) .
• For years, the building trade was in heavy recession.
• Trade is very slow at the moment.
• Garden centres do most of their trade at weekends.
• They were doing a brisk trade (= doing a lot of business ) in Christmas trees right up to the 24th.
• The restaurants on Boat Quay were doing a roaring trade (= doing a lot of business ) .
ˌpassing ˈtrade [uncountable] COMMERCEpeople who go into a shop, restaurant etc because they happen to see it, rather than being regular customers:• businesses which rely on passing trade
6. [countable] JOBS a particular job, especially one needing special skills with your hands:• Similar rates of pay apply in other trades, including carpentry, plumbing and joinery.
7. [countable usually plural, uncountable] FINANCE buying and selling shares, bonds etc on a stock exchange, or an occasion when people do this:• Shares of the company were down $265 at $693 in morning trade.
• For trades of 2,000 or more shares, the charge will be $60 plus five cents a share.
when someone working at a high level in a company buys or sells shares in the company:• All insider trades must be reported in the United States.
an occasion when the buyer and seller of shares is the same person or organization. Wash trades are illegal — see also balance of trade, barrier to trade, chamber of trade[m0] ▪ II. trade trade 2 verb1. [intransitive, transitive] COMMERCE to buy and sell goods, services etc as part of your business:• The agreement allows metals and plastics to be traded among 24 countries.
trade in• They intended to start up a business trading in electronics equipment.
trade with• These countries can trade with Britain without having to pay import duties.
• The joint venture will trade under the name of Do It All chain.
• The company currently trades on the American Stock Exchange.
3. [transitive] FINANCE to buy or sell shares, bonds, currencies, Commodities (= oil, metal, farm products) etc:• 115 million shares were traded, more than 15% of the company's stock.
if shares etc trade at a particular price, that is how much they cost to buy:• US currency was trading at 1.21 euros, down from Tuesday's close.
to buy cheaper goods that are of poorer quality:• Consumers aren't trading down in quality, but they are cutting costs in other ways.
trade down to• The brand's loyalists increasingly traded down to cheaper cigarettes.
trade something ↔ in phrasal verb [transitive]to give something, such as a car, as part of the payment for something you are buying:trade something ↔ off phrasal verb [transitive]to balance two situations against each other in order to get an acceptable result:• Companies are under pressure to trade off price stability for short-term gains
— see also trade-offto buy more expensive goods that are of better quality:• Thousands of small-apartment owners are trading up for more luxurious accommodation.
trade up to• Home-computer buyers are trading up to machines with more power and speed.
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Ⅰ.trade UK US /treɪd/ noun► [U] COMMERCE the buying and selling of goods between people, companies, or countries: trade between sb and sb »The policy is intended to increase trade between India and southeast Asia.
trade in sth »The country's trade in manufactured goods has expanded in the last ten years.
a trade body/group »Leaders of industry trade groups are urging caution in raising oil taxes.
»the minister for trade and industry
»global/international/regional trade
»trade policies/practices
»trade concessions/liberalization
»trade deals/negotiations/talks
► [C] a particular business or industry: »Members of the building trade have opposed the measure.
»the catering/retail/tourist trade
»the car/diamond/fur trade
► [U] ECONOMICS a country's imports and exports in a particular period: »Consumer spending slowed down and investment and net trade recovered.
»The dollar has been boosted by two months of better American trade figures.
► [U] business activity: lose/boost trade »Many small local shops have lost up to 50% of their trade since the supermarket opened.
»Trade is always slow in the winter months.
► [C or U] a job, especially one that needs special skill and involves working with your hands: »He's an electrician by trade.
»She wants to go to college and learn a trade.
► [C or U] a situation in which you exchange something that you own for something that you want: »Does anyone want to do a trade for my mobile phone?
»We have hundreds of CDs available for sale or trade.
► [C or U] FINANCE, STOCK MARKET the activity of buying and selling shares, investments, etc. or an occasion when people do this: »EBS claims to broker about 10,000 trades a day.
»afternoon/morning trade was brisk.
→ See also BALANCE OF TRADE(Cf. ↑balance of trade), BARRIER TO TRADE(Cf. ↑barrier to trade), CAP AND TRADE(Cf. ↑cap and trade), CARRY TRADE(Cf. ↑carry trade), CHAMBER OF TRADE(Cf. ↑chamber of trade), COUNTERTRADE(Cf. ↑countertrade), DISTRIBUTIVE TRADES(Cf. ↑distributive trades), EXTERNAL TRADE(Cf. ↑external trade), FAIR TRADE(Cf. ↑fair trade), FOREIGN TRADE(Cf. ↑foreign trade), FREE TRADE(Cf. ↑free trade), GLOBAL TRADE(Cf. ↑global trade), INSIDER TRADE(Cf. ↑insider trade), INVISIBLE TRADE(Cf. ↑invisible trade), OVERSEAS TRADE(Cf. ↑overseas trade), PASSING TRADE(Cf. ↑passing trade), THE RAG TRADE(Cf. ↑the rag trade), STOCK-IN-TRADE(Cf. ↑stock-in-trade), TERMS OF TRADE(Cf. ↑terms of trade), VISIBLE TRADE(Cf. ↑visible trade), WASH TRADE(Cf. ↑wash trade)Ⅱ.trade UK US /treɪd/ verb► [I or T] COMMERCE to buy and sell goods or services: be traded between sb and sb »The plan knocks down tariffs on goods traded between the two countries.
trade with sb »All councils trade electronically with their suppliers.
trade in sth »Besides trading in goods, we also trade in services.
► to give something that you own as part of the payment for something that you buy, especially a new type of the same product: trade sth for sth »I traded my car for a new vehicle.
► [I] to exist and operate as a business: trade as sth »The company trades as 'Pioneer Clothing'.
»The business traded under the name of College Crackers.
»The supermarket ceased trading in 2009.
► [I or T] STOCK MARKET, FINANCE to buy and sell shares on a stock market: »Investors will be offered the choice of three ways to trade.
»Around 95,000 long gilt contracts were traded on Liffe today.
► [I] FINANCE, STOCK MARKET to be bought and sold on a stock market: »Only six months ago the shares were trading as high as 35.5p.
»Foreign stock markets were trading down about 2%.
► [T] to exchange something, or to stop doing or using something and start doing or using something else instead: trade sth for sth »Most investors would trade a steadily climbing market for a volatile index any day.
► [I] US COMMERCE to buy goods or do your shopping at a particular store: »We don't trade at his store anymore.
→ See also FAIRLY-TRADED(Cf. ↑fairly-traded), OVERTRADE(Cf. ↑overtrade), PUBLICLY-TRADED(Cf. ↑publicly-traded), TRADE DOWN(Cf. ↑trade down), TRADE STH IN(Cf. ↑trade sth in), TRADE STH OFF(Cf. ↑trade sth off), TRADE UP(Cf. ↑trade up)
Financial and business terms. 2012.
