Traded: meaning, definitions and examples
🔄
traded
[treɪdɪd ]
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.
Interesting Facts
Etymology
- 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.
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.
Translations
Translations of the word "traded" in other languages:
🇵🇹 comerciado
🇮🇳 व्यापार किया गया
🇩🇪 gehandelt
🇮🇩 diperdagangkan
🇺🇦 торгували
🇵🇱 handlowano
🇯🇵 取引された
🇫🇷 échangé
🇪🇸 comerció
🇹🇷 ticaret yapıldı
🇰🇷 거래된
🇸🇦 تم التداول
🇨🇿 obchodováno
🇸🇰 obchodovalo
🇨🇳 交易的
🇸🇮 trgovano
🇮🇸 verslað
🇰🇿 сауда жасалды
🇬🇪 ვაჭრობდა
🇦🇿 ticarət edildi
🇲🇽 comerciado