terms of trade

(ECONOMICS) the effective ratio whereby a country exchanges its goods with those of another country. Hence, a country that exports (say) mostly coffee and chocolate has to import almost everything else; if the price of chocolate and coffee declines, the country has no choice but to increase production of both, further reducing the price of both on world markets, and increasing the relative cost of everyhting it imports.

Terms of trade are determined notionally by the forex markets, but more fundamentally by (a) the markets for commodities, and (b) the ability of the country to finance transitions to other, higher-priced export goods.

Terms of trade typically lead to very high real exchange rates for currencies like the Indian rupee.

by Abu Yahya May 18, 2010

Farting Terms

Someone you feel very comfortable with.

Wow Joey, I can let one loose around you anytime. You must be really special.

by Lynne Lowe February 18, 2005

nautical terms

Profane words normally associated with sailor talk.

Everything was fine until the argument became heated and nautical terms started flying.

by Wlodzimierz Brzeczyszykiewicz April 18, 2020

part-term

A college student working for a company. We call them part-term employees.

Dude: Hey who is that new girl at the reception desk?
Dudette: She is working for us during college break
Dude: Really, why didn't you just say that. I didn't know we hired a part-term.

by lvr December 6, 2012

term fishin'

When you're fishin' for new terms on {Urban Dictionary} by means of repeatedly emailing them new submissions hoping to land one (have a term accepted) despite often getting {skunked} (having terms rejected) just like fishin'.

Daryl: "Hey Sally whatchu doin over there on your computer?"

Sally: "I'm term fishin' on the UD daddy. I reckon I might land me a big one today. I got me some good ideas, hopefully I get one accepted and liked by a bunch of readers.

by feetoid June 29, 2018

Terms and Conditions

Something no one reads

Hey you need to read the Terms and Conditions

by Trusted Guy August 25, 2022

explain in _ terms

explain in {game or anime name} terms is a new meme on tiktok where you say how i could have it my brother and put a weak thing, how i hit him and put a stronger thing, how he described it to my dad and put an even stronger thing, and how my dad is gonna hit me and put the strongest thing in the game.

oh i it my friend lightly and he said it killed him
explain in minecraft terms (explain in _ terms)

i hit my friend like a wooden hoe and he discribed it like an enchanted netherite axe

by spoto answers wierd shit June 25, 2022