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Economics vs Trade - What's the difference?

economics | trade |

As an adjective economics

is .

As a verb trade is

.

economics

Alternative forms

* (archaic)

Noun

(-)
  • (social sciences) The study of resource allocation, distribution and consumption; of capital and investment; and of management of the factors of production.
  • * {{quote-magazine, date=2013-08-03, volume=408, issue=8847, magazine=(The Economist)
  • , title= Boundary problems , passage=Economics is a messy discipline: too fluid to be a science, too rigorous to be an art. Perhaps it is fitting that economists’ most-used metric, gross domestic product (GDP), is a tangle too.}}

    Synonyms

    * dismal science * See also

    Derived terms

    * -nomics

    trade

    English

    (wikipedia trade)

    Noun

  • (uncountable) Buying and selling of goods and services on a market.
  • (countable) A particular instance of buying or selling.
  • I did no trades with them once the rumors started.
  • (countable) An instance of bartering items in exchange for one another.
  • * 1989 , (Bruce Pandolfini), Chess Openings: Traps and Zaps , ISBN 0671656902, "Glossary" section, page 225 [http://books.google.com/books?id=pocVITTr8tMC&pg=PA225&dq=trade]:
  • EXCHANGE — A trade or swap of no material profit to either side.
  • * 2009 , Elliott Kalb and Mark Weinstein, The 30 Greatest Sports Conspiracy Theories of All Time , ISBN 9781602396784, page 60 [http://books.google.com/books?id=nQd8MHuaXysC&pg=PA60&dq=trade]:
  • When Golden State matched the Knicks' offer sheet, the Warriors and Knicks worked out a trade that sent King to New York for Richardson.
  • (countable) Those who perform a particular kind of skilled work.
  • The skilled trades were the first to organize modern labor unions.
  • (countable) Those engaged in an industry or group of related industries.
  • It is not a retail showroom. It is only for the trade .
  • (countable) The skilled practice of a practical occupation.
  • He learned his trade as an apprentice.
  • * {{quote-book, year=2006, author=
  • , title=Internal Combustion , chapter=2, url=http://openlibrary.org/works/OL4103950W , passage=But through the oligopoly, charcoal fuel proliferated throughout London's trades and industries.  By the 1200s, brewers and bakers, tilemakers, glassblowers, pottery producers, and a range of other craftsmen all became hour-to-hour consumers of charcoal.}}
  • (uncountable, UK) The business given to a commercial establishment by its customers.
  • Even before noon there was considerable trade .
  • (mostly, in the plural) Steady winds blowing from east to west above and below the equator.
  • They rode the trades going west.
  • * James Horsburgh
  • the north-east trade
  • (only as plural) A publication intended for participants in an industry or related group of industries.
  • Rumors about layoffs are all over the trades .
  • (uncountable, LGBT, slang) A brief sexual encounter.
  • Josh picked up some trade last night.
  • (obsolete, uncountable) Instruments of any occupation.
  • * Dryden
  • the house and household goods, his trade of war
  • (mining) Refuse or rubbish from a mine.
  • (obsolete) A track or trail; a way; a path; passage.
  • * Surrey
  • A postern with a blind wicket there was, / A common trade to pass through Priam's house.
  • * Spenser
  • Hath tracted forth some salvage beastes trade .
  • * Shakespeare
  • Or, I'll be buried in the king's highway, / Some way of common trade , where subjects' feet / May hourly trample on their sovereign's head.
  • (obsolete) Course; custom; practice; occupation.
  • * Udall
  • the right trade of religion
  • * Spenser
  • There those five sisters had continual trade .
  • * Massinger
  • Long did I love this lady, / Long was my travel, long my trade to win her.
  • * Shakespeare
  • Thy sin's not accidental but a trade .

    Derived terms

    * antitrade/anti-trade * balance of trade * basket trade * block trade * bullet trade * carbon trade * carriage trade * carry trade * carousel trade * cash and carry trade * coasting trade * countertrade * cross-trade * day trade * fair trade * free trade * horse trade * invisible trade * jack of all trades * motor trade * off-trade * on-trade * out trade * paper trade * rag trade * restraint of trade * rough trade * reverse of trade * slave trade * spot trade * stock-in-trade * terms of trade * trade barrier * trade card * trade deficit * trade dispute * trade fair * trade magazine * trade mark/trademark * trade name * trade newspaper * trade-off * trade route * trade secret * trade show * trade standard * trade surplus * trade term * trade union * trade war * trade wind * trader * tradesman * tradesperson * uptick trade * visible trade

    Synonyms

    * (the commercial exchange of goods and services) commerce * (the collective people who perform a particular kind of skilled work) business * (the skilled practice of a practical occupation) craft * (An instance of buying and selling) deal, barter * (the business given to a commercial establishment by its customers) patronage

    Verb

    (trad)
  • To engage in trade
  • This company trades in precious metal.
  • * Arbuthnot
  • a free port, where nations resorted with their goods and traded
  • To be traded at a certain price or under certain conditions.
  • To give (something) in exchange for.
  • Will you trade your precious watch for my earring?
  • To do business; offer for sale as for one's livelihood.
  • To have dealings; to be concerned or associated (with).
  • * Shakespeare
  • How did you dare to trade and traffic with Macbeth?

    Derived terms

    * insider trading * trade in * tradable

    Synonyms

    * (engage in the trade of) deal * (be traded at a certain price or under certain conditions) * (give something in exchange for) exchange, swap, switch * (do business) do business, make a deal

    See also

    * buy * sell

    Anagrams

    * ----