IELTS & GRE Important Vocabulary: Trade & Commerce vocabulary list with definitions

Trade & Commerce:

Trade is referred to as a basic economic activity that involves buying and selling of different goods and services between two or more parties involved in the transaction. 

Commerce involves all the activities that aid in promoting the exchange of goods and services from the manufacturer to the last customers.

List of Trade & Commerce Vocabulary Word Book

Agent

Asset

Auditor

Balance

Bond

Broker

Capital

Check

Claim

Client

Competition

Contract

Corporation

Cost

Credit

Dealer

Decrease

Deduction

Deed

Deficit

Demand

Deposit

Depression

Discount

Dividend

Draft

Duty

Economic

Economics

Expenditure

Export

Extension

Finance

Fiscal

Free Trade

Fund

Goods

Grantor

Gross

Holding

Import

Income

Insurance

Interest

Investment

Invoice

Layoff

Lease

Liana

Loan

Loss

Market

Maximum

Merchant

Minimum

Monopoly

Mortage

Net Income

Ownership

Partnership

Penalty

Preemption

Premium

Price

Producer

Profit

Project

Proprietor

Provision

Purchaser

Rate

Refund

Repayment

Reserve

Resources

Retail

Return

Revenue

Risk

Salary

Sale

Sector

Seller

Share

Shop

Smuggling

Stock

Store

Supply

Surplus

Tariff

Tax

Technology

Tenant

Tender

Trade Union

Treasurer

Value

Wholesale

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