Definition of Board of Trade in English:

Board of Trade

noun

  • 1North American

    another term for chamber of commerce
    • ‘How can the Board of Trade justify wasting an entire afternoon listening to a schoolboy read his high school essay?’
    • ‘Schools, courts, banks, and the Board of Trade shut down for the gala affair.’
    • ‘It appears, if you do a comparison of volumes that, yes, the first round goes to the Board of Trade.’
    • ‘However, both the Senate and the Board of Trade investigators found results that were in direct contrast with current forensic evidence.’
    • ‘It was financed by the Board of Trade, principally from the proceeds of a 4 per cent tax on the value of imported goods.’
    1. 1.1The Chicago futures exchange.
      • ‘The jovial, burly chairman of the Chicago Board of Trade is much happier trading corn futures in the raucous pits than hosting meetings in the exchange's elegant boardroom.’
      • ‘Members of the Chicago Board of Trade will decide whether to change the markets from the open outcry system to a computerized one.’
      • ‘Every weekday morning at 8.30 am the bell rings at the Chicago Board of Trade to announce the beginning of the day's action.’
      • ‘The Chicago Board of Trade reports that futures have continued to fall, despite the US sales program running at double the pace of last year.’
      • ‘These auction rules are similar to the rules used for trading at the New York Stock Exchange or the Chicago Board of Trade.’
  • 2A now nominal British government department within the Department of Trade and Industry concerned with commerce and industry.

    • ‘The religious issue cut no ice with the British Board of Trade.’
    • ‘Way back in 1886, the first submarine was built for a Swedish industrialist who claimed on the Board of Trade certificate that it was a merchant vessel!’
    • ‘Another whose calls I always welcomed was a young civil servant in the Board of Trade, an orderly man whose remarks and replies were brief and to the point.’
    • ‘In May 1965, after a request from UK industry, the Board of Trade told MPs that Britain should go metric within 10 years.’
    • ‘However, the Royal Commission on Labour and the civil servants in the Labour Department of the Board of Trade stressed the virtues of unions in creating stability and order, and supported the spread of formal systems of conciliation.’