trade meaning

trade means 'the act of buying and selling goods or services between people or countries'.

trade :

buying, selling

noun

▪ The trade between the two countries has increased.

▪ The buying and selling between the two countries has increased.

▪ International trade is important for the economy.

▪ International buying and selling is important for the economy.

paraphrasing

▪ commerce – buying and selling

▪ business – buying and selling

▪ transaction – buying and selling processes

▪ exchange – buying and selling of goods

trade :

buy, sell

verb

▪ They trade goods across the sea.

▪ They buy and sell goods across the sea.

▪ She trades stocks for a living.

▪ She buys and sells stocks for a living.

paraphrasing

▪ swap – to exchange

▪ barter – to exchange without money

▪ exchange – to trade goods or services

▪ deal – to trade or agree a transaction

Pronunciation

trade [treɪd]

The word sounds like 'trayd' and is pronounced with a long 'a' sound.

Common phrases and grammar about trade

trade - Common meaning

noun
buying, selling
verb
buy, sell

Part of Speech Changes for "trade"

▪ trader (noun) – someone who buys and sells goods or stocks

▪ trading (noun) – the act of buying and selling

▪ tradeable (adjective) – able to be bought and sold

▪ tradesman (noun) – a person who practices a trade or business

Common Expressions with "trade"

▪ international trade – buying and selling between countries

▪ trade agreement – a formal agreement between countries to buy and sell goods

▪ trade balance – the difference between a country's imports and exports

▪ trade show – an event where companies display their products to buyers

Important examples of trade in TOEIC

Vocabulary examples from the TOEIC test

In TOEIC word questions, trade is often used to refer to the exchange of goods or business activities.

▪They signed a trade agreement to import electronics.
▪They agreed on the exchange of goods between the two countries.

Example of a confusing word: treaty (formal agreement)

▪They signed a treaty agreement to import electronics.
▪They signed a formal agreement to import electronics.
"Trade" refers to the act of buying, selling, or exchanging goods and services. In "They signed a trade agreement," it correctly describes a business arrangement related to commerce. "Treaty," however, refers to a formal agreement between countries, often regarding political or military matters. While both involve agreements, "treaty" is not typically used for commercial exchanges like importing electronics. Thus, "trade" is the appropriate choice in this context.

Grammar examples from the TOEIC test

In TOEIC grammar questions, trade can be used as a noun or a verb, requiring correct usage in sentences.

▪They want to trade products with our company.
▪They want to exchange products with our company.

trade

Idioms and fixed expressions in TOEIC

fair trade

trading in a way that is just and fair to everyone involved.

▪The company supports fair trade practices.
▪The company supports trading in a just and fair way.

trade-off

a balance between two desirable but incompatible features.

▪There is a trade-off between cost and quality.
▪There is a balance between cost and quality.

Differences between similar words and trade

trade

,

commerce

differences

Trade refers to the buying and selling of goods and services, while commerce includes broader activities like transportation and banking related to trade.

trade
▪They engage in foreign trade.
▪They engage in foreign exchange.
commerce
▪They engage in foreign commerce.
▪They engage in business related to foreign goods and services.

trade

,

exchange

differences

Trade refers to buying and selling goods or services, while exchange emphasizes the act of giving one thing and receiving another.

trade
▪They trade products between countries.
▪They gave each other gifts during the meeting.
exchange
▪They exchanged gifts during the meeting.
▪They gave each other gifts during the meeting.

Words with the same origin as trade

The origin of trade

The word's etymology is not clear.

Word structure

The analysis of the word's composition is unclear.

Words with the same origin

The word's root is unclear or difficult to confirm.

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