(law) An agreement that prevents fair competition on the open market, such as an agreement by one party to hire a second party to work within a profession on the condition that the second party will not compete against the first.

plural of restraint of trade

plural of trade-wind

A market-based approach to control pollution by providing economic incentives for achieving reductions in emissions, participating companies being assigned an emissions quota that can be traded with others if not used.

A country that another country does business with, usually on a regular basis.

plural of trading post

(economics) A positive balance of trade.

plural of trade balance

plural of trade surplus

(business, banking, finance) A negotiable instrument in the course of international trade similar to a Banker's Acceptance (BA) except it is drawn on and accepted by a buyer/importer (as opposed to a bank). May be sold to a bank or investor at a discount becoming a marketable money-market instrument.