Trade
From Open Risk Manual
Definition
Trade. An agreement between parties participating in a voluntary action of buying and selling goods and services
The advent of money as a medium of exchange has allowed trade to be conducted in a manner that is much simpler and effective compared to earlier forms of trade, such as bartering. In financial markets, trading also can mean performing a transaction that involves the selling and purchasing of a security.
See Also
- Deutsche Bank Presentation on the Lifecycle of a Trade, available at http://www.slideshare.net/ahaline/23512555-tradelifecycle
- EDM Council
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
Facts about "Trade"
| IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/FBC/ProductsAndServices/FinancialProductsAndServices/index-en.html + |
