Difference between Retail and Trade

What is the difference between Retail and Trade?

Retail as a noun is the sale of goods directly to the consumer; encompassing the storefronts, mail-order, websites, etc., and the corporate mechanisms, branding, advertising, etc. that support them, which are involved in the business of selling and point-of-sale marketing retail goods to the public. while Trade as a noun is the commercial exchange (buying and selling on domestic or international markets) of goods and services.

Retail

Part of speech: noun

Definition: The sale of goods directly to the consumer; encompassing the storefronts, mail-order, websites, etc., and the corporate mechanisms, branding, advertising, etc. that support them, which are involved in the business of selling and point-of-sale marketing retail goods to the public. Retail price; full price; an abbreviated expression, meaning the full suggested price of a particular good or service, before any sale, discount, or other deal.

Part of speech: adjective

Definition: Of, or relating to the sale of goods directly to the customer

Part of speech: adverb

Definition: In retail quantities, or at retail prices

Part of speech: verb

Definition: To sell at retail, or in small quantities directly to customers. To repeat or circulate (news or rumours) to others.

Example sentence: Retail is my game. I spend every waking hour thinking about it. I started in the industry at the age of 18 after trying various other things that were mind-numbingly boring to me.

Trade

Part of speech: adjective

Definition: relating to or used in or intended for trade or commerce;

Part of speech: verb

Definition: To engage in tradeTo be traded at a certain price or under certain conditions.To give (something) in exchange for.To do business; offer for sale as for one's livelihood.

Part of speech: noun

Definition: the commercial exchange (buying and selling on domestic or international markets) of goods and services.the collective people who perform a particular kind of skilled work.the skilled practice of a practical occupationa particular instance of buying or sellingthe business given to a commercial establishment by its customers

We hope you now know whether to use Retail or Trade in your sentence.

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