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TeachMeFinance.com - explain Board of trade historic definition... Board of trade -- A title often adopted by an organization formed to promote mercantile or commercial interests. It also is a title sometimes bestowed on an exchange or trading organization, as the Chicago Board of Trade, the members of which conduct speculative operations in grain and provisions on an extensive scale. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.