Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

TRADING FLOOR

Area where transaction of commodities, options and futures takes place.

TRADING HALT

Small pause in trading a certain security for a reason such as anew announcement.

TRADING ON THE EQUITY

Use of funds borrowed to generate a return greater than the interest on the borrowed funds.

TRADING PARTNER

One of 2 or more participants in a business relationship that is continuing.

TRADING PIT

Area located on the trading floor of an options and futures exchange. Contracts are sold and bought in a live cry out auction.

TRADING POST

Area located on the trading floor of an stock exchange where a specialist will conduct a live cry out auction.

TRADING RANGE

1. Commodities trading. Maximum and minimum limit set by an exchange where a commodity price is allowed to fluctuate on a trading day. 2. Securities trading. Spread from the low and high

TRADING SESSION

Term referring to a normal day of trading excluding trading before and after opening and closing bells.

TRADING UP

1. Increasing number of product features, quality improvements, increasing support services to justify a higher price. Trading down is the opposite. 2. Selling type where a customer can be persuaded to buy

TRADING VOLUME

Total number of shares traded in one day for a market security.

TRADITIONAL CONTRACTING

Common method of contracting where the client chooses service providers for design of work and asks for bids on construction work.

TRADITIONAL IRA

Tax qualified account for savings allowing the account holder to put aside money for retirement.

TRADITIONAL OPTION

UK sold option where there isn’t a secondary market but is able to be sold back to the original principal or a counter party.

TRAFFIC BUILDER

Attractions or promotional campaign that is aimed at increasing shopper numbers passing through a mall or store in business hours.

TRAFFICKING

The carrying on of an illegal commercial activity such as selling drugs or substances that are banned.

TRAGEDY OF THE COMMONS

Archetypal phenomenon that attempts to exploit the system that will turn out to be self-defeating.

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