Trading

From ACT Wiki
Revision as of 13:44, 11 September 2022 by imported>Doug Williamson (Create page. Sources: Linked pages.)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
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