Meaning & Definition of word "Trade"

Trade

/treɪd/

noun:

  • 1. The action of buying, selling, or exchanging goods and services.
    • Example: The trade between the two countries has increased significantly over the past year.
  • 2. A skilled job, typically one requiring manual skills and special training.
    • Example: She learned the trade of carpentry from her father.
  • 3. A particular area of business or industry.
    • Example: The tech trade is constantly evolving with new innovations.

verb:

  • 1. To buy and sell goods and services.
    • Example: They decided to trade their old car for a newer model.
  • 2. To exchange one thing for another.
    • Example: He offered to trade his baseball cards with his friend.

Etymology

Middle English: from Old English 'trade', which originally meant 'track, path'.

Common Phrases and Expressions

trade-off:

A compromise between two desirable but mutually exclusive features.

trading posts:

Places or establishments where goods are exchanged.

day trading:

The practice of buying and selling financial instruments within the same trading day.

Related Words

trader:

A person who buys and sells goods or shares in financial markets.

trade route:

A major road or path used for commercial trade.

trade union:

An organization of workers for mutual aid and protection.

Slang Meanings of trade

Meaning: To make a trade or deal, especially informally.

Example Sentence: Hey, let's trade some cards during lunch!

Meaning: To switch or exchange something casually.

Example Sentence: I traded my sandwich for his chips.