Simple English definitions for legal terms
Read a random definition: dictum
Trade: The act of buying and selling things or exchanging goods or services with others. It can be a job or business where people make money by selling things to others. For example, someone might trade their toy for a friend's book, or a store might trade money for goods that they sell to customers. Trade is also known as commerce.
Definition: Trade refers to the business of buying and selling goods or services for profit. It can involve retail or wholesale sales, or require special mechanical skills. It also refers to the act of exchanging one thing for another, such as money for goods, goods for goods, or favors for goods or money.
These examples illustrate how trade can involve various types of businesses and occupations, as well as different types of exchanges between individuals or entities.