Pronunciation

/trəɪd/

Definitions

Noun

1. The buying and selling of goods or services between individuals, businesses, or countries, often involving exchange of money.
   • Example: “The global trade market has seen significant fluctuations in recent years.”
2. An activity or profession involving the buying and selling of goods or services.
   • Example: “He made his living as a trader in the stock market.”

Verb

1. To engage in the act of buying and selling goods or services.
   • Example: “The company trades products with several international partners.”
2. To exchange one thing for another, especially in a commercial transaction.
   • Example: “She traded her old car for a newer model.”

Adjective

1. Characteristic of commerce or commerce-related activities.
   • Example: “The city’s economy is heavily trade-dependent.”
2. Concerning the transfer of goods or services from one place to another.
   • Example: “The trade routes were vital for ancient civilizations.”

Phrases

• “Enter into a trade agreement” means to negotiate and formalize a deal between parties.
• “Trade deficit” refers to when a country imports more than it exports.
• “Trade union” is a group that represents workers in a particular industry for better wages and working conditions.

Example Sentences

• Noun: “The trade fair attracted buyers and sellers from all over the world.”
• Verb: “The company recently entered into a trade deal with a European partner.”
• Adjective: “The trade route was well-established between Asia and Europe during the Silk Road era.”

Synonyms

• Exchange
• Commerce
• Negotiation
• Deal making
• Buying and selling
• Exchanging goods
• Barter
• Commercial transactions