Trade involves the transfer of the ownership of goods or services from one person or entity to another in exchange for other goods or services or for money. Possible synonyms of "trade" include "commerce" and "financial transaction". A network that allows trade is called a market.
The original form of trade, barter, saw the direct exchange of goods and services for other goods and services. Barter is trading things without the use of money. Later one side of the barter started to involve precious metals, which gained symbolic as well as practical importance. Modern traders generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and later credit, paper money and non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade between more than two traders is called multilateral trade.
Trade exists due to the specialization and division of labor, in which most people concentrate on a small aspect of production, trading for other products. Trade exists between regions because different regions may have a comparative advantage (perceived or real) in the production of some trade-able commodity, or because different regions' size may encourage mass production. As such, trade at market prices between locations can benefit both locations.
Trade was a highly successful, pioneering and influential gay nightclub started in 1990 by Laurence Malice. Trade was unlike any other club at the time as it opened from 4am until 1pm on Sundays at Turnmills, Clerkenwell Road, London. The club was touted as "the original all night bender". The door policy was firm but fair: "You don't have to be gay or a member to get in, but your attitude and look will count".
Trade quickly grew in popularity as other clubs at the time such as Heaven, G-A-Y and The Fridge closed at around 02:00-03:00 Sunday mornings, an hour or so before Trade opened at 03.00 Therefore, clubbers were able to go straight on to the club. At the time many guys went cruising in the parks after leaving other clubs. The name 'Trade' and the opening hours was to encourage guys to go to the club as a safer alternative.
Turnmills was the first club in the UK to be given a 24-hour "Music & Dance" licence. This was gained after Laurence Malice had for a long period of time tried to convince Mr Newman that there was a need for people to be able to party in a safe environment after 3am in the morning. Due to this licensing advantage, the venue's role was crucial to the success of Trade.
Trade is an artist run initiative based in Nottingham, UK that has been running since 2008. Trade is curated by the artist Bruce Asbestos and Trade exhibits a range of artworks from performance to sculpture and artists video. The Trade gallery website also has podcast interviews with artists.
Trade was listed as one of "the world's best secret art galleries" in 2011 by Alexander Farquharson of Nottingham Contemporary.
Trade shares gallery space at One Thoresby Street, Nottingham.
Trade has exhibited the artwork of many artists including;
Stuart Sherman, Wasteland Twinning, Jaap Blonk, The Bongoleeros, Vile Plumage, W>A>S>P>S,Paula Roush (with Stewart Home),Phillip Henderson,David Sherry, Robin Deacon, Pyramidd.biz, Mermaid and Monster, Jackie Berridge, Tim Hattrick, Zachary Formwalt, Hannah Conroy, Katy Woods, Eastside Projects, Kelly Large,Beacon, Olivia Plender and Patrick Staff, Bubblebyte, Yelena Popova,Grandad Hill, Ewoud Van Rijn, Iva Kontic,Olaf Breuning, David Blandy and DVVID, M-E-X-I-C-O, Alex Stevenson, Robert Ashley, Reactor, Karin Kihlberg and Reuben Henry, Elisa Pône, Katie Davies,Richard Paul, David SherryMark McGowan (performance artist), Joseph Beuys, Rotterdam VHS Festival, Mark Essen, Ben Woodeson,Oliver Sutherland, Jemma Egan, Tomas Chaffe, Abigail Reynolds, Sarah Doyle, Phillip Henderson, Endless Supply, Artur Zmijewski
The future is what will happen in the time after the present. Its arrival is considered inevitable due to the existence of time and the laws of physics. Due to the apparent nature of reality and the unavoidability of the future, everything that currently exists and will exist can be categorized as either permanent, meaning that it will exist forever, or temporary, meaning that it will end. The future and the concept of eternity have been major subjects of philosophy, religion, and science, and defining them non-controversially has consistently eluded the greatest of minds. In the Occidental view, which uses a linear conception of time, the future is the portion of the projected time line that is anticipated to occur. In special relativity, the future is considered absolute future, or the future light cone.
In the philosophy of time, presentism is the belief that only the present exists and the future and the past are unreal. Religions consider the future when they address issues such as karma, life after death, and eschatologies that study what the end of time and the end of the world will be. Religious figures such as prophets and diviners have claimed to see into the future. Organized efforts to predict or forecast the future may have derived from observations by early man of heavenly objects.
The future is the time after the present.
Future or The Future may also refer to:
In finance, a futures contract (more colloquially, futures) is a standardized forward contract which can be easily traded between parties other than the two initial parties to the contract. The parties initially agree to buy and sell an asset for a price agreed upon today (the forward price) with delivery and payment occurring at a future point, the delivery date. Because it is a function of an underlying asset, a futures contract is a derivative product.
Contracts are negotiated at futures exchanges, which act as a marketplace between buyers and sellers. The buyer of a contract is said to be long position holder, and the selling party is said to be short position holder. As both parties risk their counterparty walking away if the price goes against them, the contract may involve both parties lodging a margin of the value of the contract with a mutually trusted third party. For example, in gold futures trading, the margin varies between 2% and 20% depending on the volatility of the spot market.