Trade

From ACT Wiki
Revision as of 16:18, 24 February 2022 by imported>Doug Williamson (Add link.)
Jump to navigationJump to search

1. Tax.

Defined for tax purposes, the expression includes every trade, manufacture, adventure or concern in the nature of a trade.


2.

More generally, trade normally involves the exchange of goods or services for reward.


3.

In the context of market dealing, the term 'trade' is often used interchangeably with 'deal'.


See also