An exchange of one commodity, article, or piece of real or personal property for another, sometimes including the addition on the one side of an amount of money known as boot. 30 Am J2d Exch P § 1. An occupation or calling; any ordinary occupation or business whether manual or mercantile. State v Cuthrell, 235 NC 173, 69 SE2d 233. Any occupation or business carried on for subsistence or profit. Re Pinkney, 47 Kan 89, 27 P 179; Campbell v Motion Picture Machine Operators' Union, 151 Minn 220, 186 NW 781, 27 ALR 631. Any employment in which one is engaged to procure a living or in which he habitually earns his living. 31 Am J2d Exemp § 51. A term implying a more or less continuous or habitual engagement in certain lines of industry, employment, or activity. 58 Am J1st Workm Comp § 82. Commerce generally. May v Sloan, 101 US 231, 25 L Ed 797. Exchange or dealing of any kind, but more especially the barter or purchase and sale of goods, wares and merchandise, either by wholesale or retail. Anno: 76 L Ed 1210. Buying and selling, even a sale of land. May v Sloan, 101 US 231, 25 L Ed 797. The term as used in the Sherman Anti-Trust Act is not synonymous with the word "commerce," "trade" being of more restricted import than the word "commerce." 36 Am J1st Monop etc § 157. Commerce relates to dealings with foreign nations; trade, on the contrary, means mutual traffic among ourselves, or the buying, selling, or exchanging of articles between members of the same community. Hooker v Vandewater (NY) 4 Denio 349. The word "trading" is the equivalent of the word "dealing" as applied to goods, wares, merchandise, and commodities, which words, in mercantile language, are always used with reference to corporeal substances, and never to mere choses in action. Fleckner v Bank of the United States (US) 8 Wheat 338, 353, 5 L Ed 631, 634.

Ballentine's law dictionary. . 1998.


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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