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LSDefine

Simple English definitions for legal terms

trader

Read a random definition: military justice

A quick definition of trader:

A trader is someone who buys and sells things to make money. They might sell things in the same way they bought them, or they might change them to make them more valuable. Traders can also buy and sell stocks or commodities, which are things like gold or oil that people trade to make money. If someone is a trader for their job, they have to pay taxes differently than someone who just sells things once in a while.

A more thorough explanation:

A trader is a person who buys and sells goods or securities for profit. The term can have different meanings depending on the context:

A trader can be someone who buys goods from a supplier and sells them to customers at a higher price to make a profit. For example, a clothing store owner is a trader.

A trader can also be someone who buys and sells commodities, such as oil, gold, or wheat, in anticipation of making a profit. This type of trader may work for a company or trade on their own account.

A trader can also be someone who buys and sells stocks, bonds, or other securities on a stock exchange. This type of trader may work for a brokerage firm or trade on their own account.

In U.S. income tax law, a trader is someone who deals in property as a business, making several purchases and sales within a year. This is different from someone who sells assets held for investment. A trader may lose the right to defer capital gains by exchanging for another property.

Examples:

  • A farmer who sells crops at a local market is a trader.
  • A hedge fund manager who buys and sells stocks for clients is a trader.
  • A day trader who buys and sells stocks within a single trading day is a trader.

These examples illustrate how a trader can work in different industries and contexts, but they all share the goal of making a profit through buying and selling assets.

trade | Truth in Lending Act

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Dkk
9:00
@renard99: also, the same band that does a song in the anime Eureka 7 which I watched when I was like idk, 12
9:00
Yeah! They are pretty good. Three Out Change is an awesome J-rock record
Dkk
9:01
I will probably not listen to them more but fun fact. Really random to start the day. An omen that the waves will be very random today.
Dkk
9:03
Fuck, reading the wikipedia now. Literal last song they did before they broke up was Storywriter. Wow.
9:05
That one is a masterpiece
9:05
My favorite song by them is Recreation
glovediedthisishismom
9:05
snowing
Dkk
9:07
@renard99: man, hard to find.
Dkk
9:07
@glovediedthisishismom: Congrats on the snow.
Dkk
9:16
@renard99: Poetic and nice.
9:42
My name is renard99 and I just sent @babycat feet pics
glovediedthisishismom
9:42
nobody is at the office today they should let little glovey go home and watch harry potter
Dkk
9:49
Lmfao, Gross
Dkk
9:49
@glovediedthisishismom: Watch it at the office!
Dkk
9:50
Proton vpn and https://en.solarmovie-official.lol/
let little glovey go home!
babycat
9:55
it’s true he sent me feet pics (unsolicited!)
babycat
9:56
poor little glovey
babycat
9:56
it’s illegal to make you work on a snow day
BulbasaurNoLikeCardio
9:57
Free feet pics sounds like you saved some money
snow
9:59
wish it was snowing in texas rn
Dkk
9:59
Man, hate this conversation cus it just reminds me of the gay guy that used to always ask me for them.
BulbasaurNoLikeCardio
9:59
That cold snap that hit texas is heaven though, opening windows in the house and using the fireplace
snow
10:00
it really is bulb. it was hot as hell for the longest time
BulbasaurNoLikeCardio
10:00
@Dkk: You could of made so much money
that sounds heavenly
babycat
10:00
Aw Dkk has trauma from the gay guy who wanted to fuck his arches
snow
10:00
lmaooooo
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