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trade

Meaning in simple English

US /treɪd/

trade means: The activity of buying and selling goods or services.

noun

BUYING AND SELLINGB1

The activity of buying and selling goods or services.

  • Trade brings money into the country.
  • International trade grew last year.
  • The agreement encourages trade between neighbouring countries.

How to use it: trade in something (Trade in coffee supports many families.); trade between A and B (Trade between the two countries has increased.)

Similar words: commerce

Common phrases: international trade, trade in something, trade between countries

SKILLED JOBB2

A job that involves practical skills learned through training, such as building or repairing things.

  • He wants to learn a trade.
  • She is a carpenter by trade.
  • Plumbing and bricklaying are useful trades.

How to use it: a carpenter/plumber/etc. by trade (He is an electrician by trade.)

Similar words: craft, occupation

Common phrases: learn a trade, skilled trade, carpenter by trade

AN EXCHANGEB1

An exchange in which each person gives something and receives something else.

  • That was a fair trade.
  • We made a trade: my bicycle for her camera.
  • The teams agreed to a trade involving two players.

How to use it: a trade with someone (I made a trade with my friend.)

Similar words: exchange, swap

Common phrases: make a trade, fair trade, trade with someone

MARKET TRANSACTIONB2

One act of buying or selling, especially shares or other investments.

  • The broker completed the trade.
  • She made three trades before noon.
  • That trade earned the investor a small profit.

Similar words: transaction, deal

Common phrases: stock trade, execute a trade, profitable trade

SKILLED WORKERSC1

The people who do a particular kind of skilled practical work.

  • The building trade needs more workers.
  • The skilled trades are well represented in the union.
  • Representatives of the trade met to discuss training.

Similar words: business

Common phrases: the building trade, the skilled trades, trade representatives

verb

EXCHANGEB1

To give something to someone and receive something else from them.

  • We traded cards after school.
  • The neighbours traded stories about their childhoods.
  • Would you trade seats with me?

How to use it: trade something with someone (I traded cards with my cousin.); trade something for something (She traded her bicycle for a guitar.)

Similar words: exchange, swap

Common phrases: trade with someone, trade something for something, trade stories

DO BUSINESSB1

To buy and sell goods or services as a business.

  • They trade in fresh fruit.
  • The company traded with customers across Europe.
  • Small shops can now trade online.

How to use it: trade in something (The company trades in used cars.); trade with someone/something (We trade with several companies in Italy.)

Similar words: deal, do business

Common phrases: trade in something, trade with someone, trade overseas

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