- cross trade
- /ˈkrɒs treɪd/ (say 'kros trayd)
1. Shipping international sea transport performed by a vessel registered in a country that is neither the country of embarkation or loading nor the country of disembarkation or unloading.
2. Finance a trade in which a broker offsets buy and sell orders without recording the orders on the exchange where the trade takes place.
–cross trader, noun
–cross trading, noun
Australian English dictionary. 2014.
Look at other dictionaries:
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