398. Trade


See also 131. DUES and PAYMENT ; 137. ECONOMICS ; 160. FINANCE ; 331. PROPERTY and OWNERSHIP .

cabotage
the act of navigating or trading along a coast.
chreotechnics
Rare. useful arts, as agriculture, commerce, and manufacturing.
coemption
Obsolete, the purchase of all of a given commodity in order to control its price. — coemptive, adj.
duopoly
the market condition that exists when there are only two sellers. — duopolist , n. duopolistic , adj.
duopsony
the market condition that exists when there are only two buyers. — duopsonistic, adj.
emption
1. Rare. the act of purchasing.
2. Obsolete, the thing purchased. — emptional, adj.
emptor
Law. abuyer.
merchantry
1. merchants collectively.
2. the business of commerce or trade.
monopolism
the practices and system of a monopoly. — monopolist , n. monopolistic , adj.
monopoly
an exclusive control of a commodity or service in a particular market, or a control that makes possible the manipulation of prices. — monopolist , n. monopolistic , adj.
monopsony
the market condition that exists when only one buyer will purchase the products of a number of sellers. — monopsonist , n. monopsonistic , adj.
multiopoly
the condition of free enterprise, without restriction as to the number of sellers of a given product.
multiopsony
a market condition where no restriction on the number of buyers exists. — multiopsonist , n. multiopsonistic , adj.
oligopoly
the market condition that exists when there are few sellers. — oligopolistic , adj.
oligopsony
a market condition in which there are few buyers. — oligopsonist , n. oligopsonistic , adj.
paternalism
fatherlike control over subordinates or employees in business. — paternalist, n. paternalistic, adj.
preferentialism
the policy of giving preferential treatment in international trade. — preferentialist, n.

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