Trading
Part of speech: verb
Pronunciation: /ˈtɹeɪdɪŋ/
Definitions
- The act of exchanging commodities, securities, or services for mutual benefit within an economic system constitutes a fundamental commercial practice
- In a financial context, the process of buying and selling goods or assets is often aimed at achieving profitability and market advantage
- The exchange of goods, services, or financial instruments between parties generally occurs to achieve mutual economic gain or market efficiency
Etymology: Trade originally meant a path, not a bargain. In Middle English it meant "path" or "course of conduct," and it arrived through the Hanseatic merchants of the Baltic and North Sea, who brought Middle Low German "trade," meaning a track or wagon trail. That word came from Old Saxon "trada," a spoor or track, and it is related to the Old English verb "tredan," to tread. The root reaches back to a Proto-Indo-European verb meaning to tread, walk, or run. The commercial sense grew out of this idea of a well-trodden route. Merchants travelled the same tracks again and again, so a regular course of business came to be called a trade. English already had a term for commerce, "chaffare," which trade displaced. "Trading" is simply the ongoing form of this verb: the action of carrying on that regular exchange of goods, securities, or services. Its meaning is still tied to the old picture of repeatedly walking a familiar road.
Synonyms: exchanging, bartering
Antonyms: holding, keeping