Traded Meaning: Definition, Examples, and Translations
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traded
[treษชdษชd ]
Definition
business exchange
The term 'traded' refers to the act of exchanging goods, services, or financial instruments between parties. This can involve a variety of transactions, such as the buying and selling of stocks on the stock market or the barter of physical goods. Trading is a fundamental concept in economics and can occur in various forms, including direct trade between individuals or via intermediaries such as brokers. It plays a critical role in determining market prices and allocating resources in an economy.
Synonyms
bartered, exchanged, negotiated, swapped.
Examples of usage
- She traded her old phone for a new one.
- The investors traded stocks throughout the day.
- They traded the rights to the music album.
Translations
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Interesting Facts
Economics
- Trading is essential for economies and can occur on various scales, from local markets to international exchanges.
- In economics, there's a concept called comparative advantage, which explains how parties can benefit from specializing and trading goods.
- Stock markets are modern examples where 'traded' refers to buying and selling shares of companies.
Cultural Practices
- Many Indigenous cultures practiced trading as a way to strengthen community ties through the exchange of goods.
- In ancient times, items like salt and spices were highly valued for trading due to their scarcity and importance.
- Traditional markets around the world often encourage trading practices that promote relationships between sellers and buyers.
Literature
- In many classic stories, characters may trade favors, secrets, or goods that drive the plot forward.
- Shakespeare's plays often feature themes of trade and barter, reflecting the economic realities of his time.
- Modern novels frequently explore the emotional dynamics behind trading relationships, both in friendship and business.
Psychology
- The act of trading can enhance social connections, as people build trust through mutually beneficial exchanges.
- Psychological studies suggest that the fairness of a trade can influence relationships and group dynamics.
- The concept of reciprocity is crucial in trading; when one party gives, the other feels compelled to give back.
Origin of 'traded'
Main points about word origin
- The word comes from the Old French 'trader,' meaning 'to bargain' or 'deal.'
- Its roots can be traced back to the Latin word 'tradere,' which means 'to hand over or deliver.'
- The term has been in use since the 15th century, reflecting the long history of commerce.
The word 'trade' has its roots in the Old English term 'tradian', which means 'to barter' or 'to carry across'. Its etymology can be traced back through Middle English and Old English, and it is related to the Latin word 'tradere', meaning 'to hand over' or 'to deliver'. This relationship underscores the concept of transferring ownership or possession, which is central to the practice of trading. Over the centuries, the word has evolved in usage to encompass various forms of market exchange, leading to terms like 'trade-off' and 'trade routes' in a modern economic context. The commercial and financial aspects of trading have led to the establishment of sophisticated markets and systems that facilitate these exchanges globally.