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

Aerie Peak Trade Chat

A legendary area of the internet where world class trolls such as Westaugust and Retinazor can be found lurking the chat. This chat is a dangerous place for the unprepared. NEVER advertise your guild here. NEVER ask for help. They will anally stab you with Thunderfury, Blessed Blade of the Windseeker.

Your only option is to sit back and laugh while you watch the masters at work.

Person 1: Why are you smiling?
Enlightened Person: I read some of the Aerie Peak Trade Chat.

by Radikid October 29, 2018

carriage trade

Guys needing a blow job who drop by a queen's place for quick relief at odd hours.

Sandy had so much carriage trade during the day he had almost quit cruising the strip at night.

by Richard Black March 14, 2005

I Knew You'd Trade in 300

A phrase used to let others know they've traded sides, i.e. committed treason. This word developed from the blockbuster motion picture 300.

The acts of treason committed by the hunchback traitor Ephialtes stem from his rejection to join the Spartan Military. His morbid anger leads him to join sides with the Persians, thus trading sides in 300.

This phrase is highly adaptable in modern day sense. Whenever someone you see commits an act of treason, betrayal, or pure stupidity, respond hastily with "I knew you'd trade in 300."

Let's say you call Shotgun and Pit steals it from you anyway. You're too borderline blackout drunk to even want to argue with Pit. So, instead of arguing with him, you simply say..."I knew you'd trade in 300."

by Lyle Kasher January 5, 2010

Isaac Trade

A trade where the person who is being asked gets ripped off at a major level. When an Isaac Trade is asked, everyone is left wondering how stupid the person who is asking to trade is for asking such a stupid or unfair trade. Usually occurs with food or during lunchtime, but may occur elsewhere.

Hey dude, want to trade that box of oreos for this half eaten saltine cracker? No man! That's an Isaac trade you idiot!

by RocketPenguin October 28, 2013

Silk Trade

When you and your girlfriend trade underwear (typically in a lesbian context)

Jessica and I do silk trades all the time!

by Databoi September 4, 2019

Dressed for trade

A description of a woman wearing tight and/or revealing clothing, with (un)suitable hair, makeup, shoes and jewellry, making her appear like a prostitute seeking clients.

The term does not imply that she actually is a working girl, merely that she is dressed blatantly to attract men; it can be used perjoratively by other women about somneone they assess as better dressed or more attractive than themselves - the object of their ire does not necessarilty look sleazy or cheap.

"Oh my God, look at Kitty ! I mean, boots, fishnets and a miniskirt ?"

"That bitch is dressed for trade, you'd better get Mike out of here, they used to date and she's obviously on the prowl again."

by Eighth of Seven April 9, 2009