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Encyclopedia Britannica



TRADE (O. Eng. trod, footstep, from tredan, to tread; in M. Eng. the forms teed, trod and trade appear, the last in the sense of a beaten track)

This article appears in Volume V27, Page 127 of the Encyclopedia Britannica.

Encyclopedia Britannica - Main :: TOO-TUM
TRADE (O. Eng. trod, footstep, from tredan, to tread; in M. Eng. the forms teed, trod and trade appear, the last in the sense of a beaten track) , originally a
term
  meaning track or course, and so surviving in "
trade
 -
wind
  " (q.v.), a
wind
  which always blows in one course; hence a way of
life
 , business or occupation, and, specifically, the handicraft in which a man has been trained and which he makes his means of livelihood, or the mercantile business which he carries on for profit, as opposed to the liberal arts or professions. A further development of meaning makes the word synonymous with commerce, comprehending every
species
  of exchange or dealing in commodities.
See COMMERCE;
BALANCE
  OF
TRADE
 ; FREE TRADE;
PROTECTION
 ; TARIFFS; TRADE ORGANIZATION; and also the sections dealing with trade and commerce. under the various countries.


End of Article: TRADE (O. Eng. trod, footstep, from tredan, to tread; in M. Eng. the forms teed, trod and trade appear, the last in the sense of a beaten track)


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