Voluntary Exchange

Voluntary Exchange

An agreement between two free individuals and/or organizations to buy, sell or trade a good or service. A voluntary exchange contrasts with an exchange that is mandated, for example, by a government. Voluntary exchanges are the basis of a free market economy.
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Alpha Bank and Eurobank have succeeded in fully covering their capital needs with capital from private investors (existing creditors, through voluntary exchange of their bonds for new shares, and new investors), without having to resort to capital injections by the State.
Opening of the Term for the Voluntary Exchange of Preferred Shares into Common Shares and Commencement of Offer to Exchange Preferred ADSs for Common ADSs
In Argentina, the voluntary exchange of sexual services for money is not a crime, although provincial law in Cordoba forbids 'disturbing or scandalous prostitution'.
The centrepiece of the neo-liberal agenda is not "free trade" -- that is, voluntary exchange of goods and services in which all parties operate on their own nickel and nobody has access to coercive power to set the rules in their favour -- but the age-old ruling class agenda of "privatisation", or enclosure, of the lower classes as a source of rents.
Government's only role would be to enforce the rules of voluntary exchange as the experiments proceed.
The best example of mundane morality for purposes of this paper is obeying the rules of private property and voluntary exchange upon which Adam Smith's "invisible hand" metaphor is based ([1776] 1981, 456).
Economic freedom is based on the cornerstones of personal choice, voluntary exchange, freedom to compete, and security of private property.
The cornerstones of economic freedom are personal choice, voluntary exchange, freedom to compete, and security of private property.
Consider the banks, doctors, mobile service providers, and countless other private actors who routinely collect sensitive information about each of us in the course of voluntary exchange.
Subject to the successful completion of the voluntary exchange offer, CCHBC expects admission and commencement of unconditional dealings in its ordinary shares on the premium segment of the London Stock Exchange towards the end of April 2013.
Business is good because it creates value, it is ethical because it is based on voluntary exchange, it is noble because it can elevate our existence, and it is heroic because it lifts people out of poverty and creates prosperity.
The Finance Ministry wanted to do a voluntary exchange for the Eurobonds which mature in 2013 before the parliamentary elections take place," Wanna said.

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