Trading Dollars

(redirected from Trade Dollars)

Trading Dollars

Informal; a term for a company breaking even on an investment. For example, an oil company may spend $1 million placing an oil pump on an unproven reserve and drill only $1 million worth of oil. In this situation, the company trades $1 million in investment for an equal number of dollars from the oil, hence the term.
Mentioned in ?
References in periodicals archive ?
The Sudan central bank has said that it has decided to weaken the exchange rate at which banks can trade dollars.
These Trade Dollars can then be used to offset cash expenses within your business.
Not even really knowing what I could trade for, I just set up an account, I started accepting trade dollars as a form of payment, and accumulating this trade dollar balance.
The rates at which banks are allowed to trade dollars are determined by the results of central bank sales, giving the bank effective control over official exchange rates.
For example, under "Tax Responsibilities of Bartering Participants," the IRS states that "barter dollars or trade dollars are identical to real dollars for tax reporting" (www.
LTP is a northwest Arkansas-based exchange in which local businesses agree to accept and spend trade dollars with other members.
The retailers that are winning in this economy are vigilantly focused on cutting costs in their supply chains, turning all trade dollars into working trade dollars and investing those dollars into consumer driven insight actions.
Instead of paying cash, he goes to a printer within his barter exchange and pays with trade dollars.
The goods and services of one company in the network are exchanged for trade dollars that can be used to purchase the goods and services of any other company in the network.
His dentist, Gary Ault, happened to moonlight as a broker for Business Exchange International a national barter exchange company Ault convinced Razor to join BXI-Hawaii and Razor began exchanging meals at his restaurant for BXI trade dollars.
You can't always trade dollars equally for all the human effort that is done.
OTCBB: ITNM), a worldwide leader in business-to-business barter services, today announced the kick-off of its upcoming holiday expo season where the barter network's members across the country shop for holiday gifts, year-end business needs, and winter travel opportunities, all with their IMS trade dollars.