Trade

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

• Badges of trade
• Balance of trade
• Business
• Countertrade