Trader Legal Meaning and Definition

Here is a simplified definition of the legal term Trader.

Trader (noun)

A trader is a person who is involved in buying and selling goods, services, properties, stocks, and other commodities with the goal of making a profit. The term is often associated with a merchant or business person who buys items at a lower cost and sells them at a higher price, regardless of the quantity of their sales. A trader should not be confused with an investor, who puts money into ventures with the aim of achieving long-term financial returns.