Trading post

A trading post, trading station, or trading house, also known as a factory, was in past centuries an establishment for factors and merchants carrying on business in thinly inhabited and developed regions or countries.

Description

Local inhabitants can enter a trading post where they could exchange local products for goods they wished to acquire.[1]

Other uses

  • In the context of Scouting, trading post usually refers to a camp store where snacks, craft materials and general merchandise are sold.
  • A "trading post" can also be referred to as the place where securities listed on the New York Stock Exchange are traded (bought and sold).

See also

References

  1. Trading post; Factory - Webster's Encyclopedic Unabridged Dictionary of the English Language, 1989
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