Share this entry

Share this page

triangular trade

Syllabification: tri·an·gu·lar trade

Definition of triangular trade in English:

noun

1A multilateral system of trading in which a country pays for its imports from one country by its exports to another.
Example sentences
  • This kind of triangular trade relationship has turned China into a magnet for international capital and technology.
  • He also pointed out that the triangular trade relations between Taiwan, Japan and China have brought about rapid trade growth between Japan and China.
  • By the mid-1580s, if not earlier, a triangular trade linked the West Country, the Newfoundland fishery, and the markets in Iberia and the Mediterranean.
1.1Used to refer to the trade in the eighteenth and nineteenth centuries that involved shipping goods from Britain to West Africa to be exchanged for slaves, these slaves being shipped to the West Indies and exchanged for sugar, rum, and other commodities, which were in turn shipped back to Britain.
Example sentences
  • From this triangular trade, of which slaves provided one leg, ports such as Nantes and Bordeaux, Bristol and Liverpool, became great and prosperous towns.
  • Because of its strategic location, it became active in coastal shipping and the triangular trade across the Atlantic.
  • The movement of slaves on the scale of the triangular trade had not happened before, and has not happened since.

Definition of triangular trade in:

Share this entry

Share this page

 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day cumbersome
Pronunciation: ˈkʌmbəs(ə)m
adjective
large or heavy and therefore difficult to carry…