Function and Trade

noun

• Mathematics) a mathematical relation such that each element of a given set (the domain of the function) is associated with an element of another set (the range of the function. ()
  • synonyms: mathematical function, single-valued function, map, mapping
• What something is used for.
  • usage: "the function of an auger is to bore holes"; "ballet is beautiful but what use is it"
  • synonyms: purpose, role, use
• The actions and activities assigned to or required or expected of a person or group.
  • usage: "the function of a teacher"; "the government must do its part"; "play its role"
  • synonyms: office, part, role
• A relation such that one thing is dependent on another.
  • usage: "height is a function of age"; "price is a function of supply and demand"
• A formal or official social gathering or ceremony.
  • usage: "it was a black-tie function"
• A vaguely specified social event.
  • usage: "the party was quite an affair"; "an occasion arranged to honor the president"; "a seemingly endless round of social functions"
  • synonyms: affair, occasion, social occasion, social function
• A set sequence of steps, part of larger computer program.
  • synonyms: routine, subroutine, subprogram, procedure

verb

• Perform as expected when applied.
  • usage: "The washing machine won't go unless it's plugged in"; "Does this old car still run well"; "This old radio doesn't work anymore"
  • synonyms: work, operate, go, run
• Serve a purpose, role, or function.
  • usage: "The tree stump serves as a table"; "The female students served as a control group"; "This table would serve very well"; "His freedom served him well"; "The table functions as a desk"
  • synonyms: serve
• Perform duties attached to a particular office or place or function.
  • usage: "His wife officiated as his private secretary"
  • synonyms: officiate

• (v.i.) Alternative of Functionate.
• (n.) The course of action which peculiarly pertains to any public officer in church or state; the activity appropriate to any business or profession.
• (n.) A quantity so connected with another quantity, that if any alteration be made in the latter there will be a consequent alteration in the former. Each quantity is said to be a function of the other. Thus, the circumference of a circle is a function of the diameter. If x be a symbol to which different numerical values can be assigned, such expressions as x2, 3x, Log. x, and Sin. x, are all functions of x.
• (n.) The act of executing or performing any duty, office or calling; per formance.
• (n.) The appropriate action of any special organ or part of an animal or vegetable organism; as, the function of the heart or the limbs; the function of leaves, sap, roots, etc.; life is the sum of the functions of the various organs and parts of the body.
• (n.) The natural or assigned action of any power or faculty, as of the soul or of the intellect; the exertion of an energy of some determinate kind.
• (n.) A public or social ceremony or gathering; a festivity or entertainment, especially one somewhat formal.
• (n.) A religious ceremony, especially one particularly impressive and elaborate.

noun

• The commercial exchange (buying and selling on domestic or international markets) of goods and services.
  • usage: "Venice was an important center of trade with the East"; "they are accused of conspiring to constrain trade"
• The skilled practice of a practical occupation.
  • usage: "he learned his trade as an apprentice"
  • synonyms: craft
• The business given to a commercial establishment by its customers.
  • usage: "even before noon there was a considerable patronage"
  • synonyms: patronage
• A particular instance of buying or selling.
  • usage: "it was a package deal"; "I had no further trade with him"; "he's a master of the business deal"
  • synonyms: deal, business deal
• People who perform a particular kind of skilled work.
  • usage: "he represented the craft of brewers"; "as they say in the trade"
  • synonyms: craft
• Steady winds blowing from east to west above and below the equator.
  • usage: "they rode the trade winds going west"
  • synonyms: trade wind
• An equal exchange.
  • usage: "we had no money so we had to live by barter"
  • synonyms: barter, swap, swop

verb

• Engage in the trade of.
  • usage: "he is merchandising telephone sets"
  • synonyms: merchandise
• Turn in as payment or part payment for a purchase.
  • usage: "trade in an old car for a new one"
  • synonyms: trade in
• Be traded at a certain price or under certain conditions.
  • usage: "The stock traded around $20 a share"
• Exchange or give (something) in exchange for.
  • synonyms: swap, swop, switch
• Do business; offer for sale as for one's livelihood.
  • usage: "She deals in gold"; "The brothers sell shoes"
  • synonyms: deal, sell

• (v.) A track; a trail; a way; a path; also, passage; travel; resort.
• (v.) Refuse or rubbish from a mine.
• (v.) Course; custom; practice; occupation; employment.
• (v.) Specifically: The act or business of exchanging commodities by barter or by buying and selling for money; commerce; traffic; barter.
• imp. of Tread.
• (v.i.) To buy and sell or exchange property in a single instance.
• (v.i.) To barter or to buy and sell; to be engaged in the exchange, purchase or sale of goods, wares, merchandise or anything else; to traffic; to bargain; to carry on commerce as a business.
• (v.) A company of men engaged in the same occupation; thus, booksellers and publishers speak of the customs of the trade, and are collectively designated as the trade.
• (v.) Business of any kind; matter of mutual consideration; affair; dealing.
• (v.i.) To have dealings; to be concerned or associated; -- usually followed by with.
• (v.t.) To sell or exchange in commerce; to barter.
• (v.) Instruments of any occupation.
• (v.) The trade winds.
• (v.) The business which a person has learned, and which he engages in, for procuring subsistence or for profit; occupation; especially, mechanical employment as distinguished from the liberal arts, the learned professions, and agriculture; as, we speak of the trade of a smith, of a carpenter or mason, but not now of the trade of a farmer or a lawyer or a physician.

Trade is an oral (or electronic) transaction involving one party buying a security from another party. Once a trade is consummated, it is considered "done" or final. Settlement occurs 1-5 business days later.