Trade

From WikiMD.org
Jump to navigation Jump to search

Trade (trād)

Trade (pronounced: /treɪd/) is a term used in various fields, including Economics, Business, and Medicine. In the medical context, it refers to the exchange of goods, services, or information between two or more parties, often for mutual benefit.

Etymology

The term 'trade' originates from the Old Saxon 'trada', meaning 'track, course', which is related to the Old High German 'trada'. The sense of buying and selling came into use in the 14th century.

In Medicine

In the field of Medicine, trade can refer to the exchange of medical goods and services, such as pharmaceuticals, medical equipment, and healthcare services. It can also refer to the exchange of medical knowledge and information, such as research findings, treatment methods, and patient data.

Trade in medicine is regulated by various laws and regulations, such as the Health Insurance Portability and Accountability Act (HIPAA) in the United States, which governs the exchange of patient information.

Related Terms

  • Pharmaceutical trade: The exchange of pharmaceutical products, including drugs and medical devices.
  • Medical tourism: The practice of traveling to another country to receive medical care, often due to cost, availability, or quality differences.
  • Healthcare industry: The sector of the economy that provides goods and services to treat patients.
  • Medical knowledge exchange: The sharing of medical knowledge and information among healthcare professionals.

External links

Esculaap.svg

This WikiMD dictionary article is a stub. You can help make it a full article.


Languages: - East Asian 中文, 日本, 한국어, South Asian हिन्दी, Urdu, বাংলা, తెలుగు, தமிழ், ಕನ್ನಡ,
Southeast Asian Indonesian, Vietnamese, Thai, မြန်မာဘာသာ, European español, Deutsch, français, русский, português do Brasil, Italian, polski