1. To exchange one item for another, one person or firm providing an item (good, service, asset, etc.) to another person or firm, with the latter providing a different item to the first in return, as payment.

  2. To export and/or import.

  3. The quantity or value of exports and/or imports.

Related Terms

 • agent bank  • conversion arbitrage  • panda  • Deferred Month  • backtest  • illiquid  • Cash Forward Contract  • Front office
 more related terms