Lexica → Word → trade
Letter | T |
---|---|
Letter name | tee |
Pronounciation | /tiː/ |
Word: | trade |
---|---|
Pronounciation: | |
Century: | 13th |
DA Name: | trade |
Era: | C.E. |
Origin: | Original |
Type: | Official |
Source Language: | Latin |
Source Language Words: | From 13th Century Latin trādere "to surrender”. Later adopted in the 16th Century to mean "the buying and selling of goods according to the rules/market controlled by the company" as it applied to the Dutch East India company and later the British East India Company. |
Source Text: | |
Definition: | The meaning of trade has always been the forcing of the other party to "surrender" to your terms and never about fair or open markets. Therefore, there it is no such thing possible as "free trade agreement" - only a one sided agreement. |