A trading company is a business that works with different kinds of products sold for consumer, business purposes. In contemporary times, trading companies buy a specialized range of products, shopkeeper them, and coordinate delivery of products to customers.

Trading companies may connect buyers and sellers, but not partake in the ownership or storage of goods, earning their revenue through sales commissions.[1] They may also be structured to engage in commerce with foreign countries or territories.[2] During times of colonization, some trading companies were granted a charter, giving them "rights to a specific territory within an area claimed by the authority granting the charter including legal title, a monopoly of trade, and governmental and military jurisdiction".[2]

Trading companies

The shipyard of the Dutch East India Company in Amsterdam. 1726 engraving by Joseph Mulder.

By country

Philippines

Japan

South Korea

Oil traders

See also

References

  1. ↑ "Trading company (definition)". Businessdictionary.com. Archived from the original on 2 October 2014. Retrieved 18 September 2014.
  2. 1 2 "Trading company (definition)". Merriam-Webster. Retrieved 18 September 2014.
  3. ↑ Cawston, George; Keane, Augustus Henry (1896). The Early Chartered Companies (A.D. 1296-1858). p. 236. The Lawbook Exchange, Ltd., 2001 ISBN 1-58477-196-8
  4. ↑ Papers Relating to the Ships and Voyages of the Company of Scotland Trading to Africa and the Indies, 1696-1707 edited by George Pratt Insh, M.A., Scottish History Society, Edinburgh University Press, 1924.
  5. ↑ Braam Houckgeest, Andre Everard Van (1798), An authentic account of the embassy of the Dutch East-India Company, to the court of the emperor of China, in the years 1794 and 1795, London: R. Phillips, OCLC 002094734 v.2
  6. ↑ "Freedoms, as Given by the Council of the Nineteen of the Chartered West India Company to All those who Want to Establish a Colony in New Netherland". World Digital Library. 1630. Retrieved 2013-07-28.
  7. ↑ "East India Company" (1911). Encyclopædia Britannica Eleventh Edition, Volume 8, p.835
  8. ↑ Law, Robin (1997). "The First Scottish Guinea Company, 1634-9". The Scottish Historical Review. Edinburgh University Press. 76 (202): 185–202. doi:10.3366/shr.1997.76.2.185. JSTOR 25530774.
  9. ↑ Simmons, D. (2007). Keepers of the Record: The History of the Hudson's Bay Company Archives. McGill-Queen's University Press. ISBN 978-0-7735-6049-9.
  10. ↑ Davies, K.G. (1999). The Royal African Company, Volume 5. Taylor & Francis. ISBN 0415190770.
  11. ↑ Koninckx, Christian (1980). The first and second charters of the Swedish East India company (1731-1766): a contribution to the maritime, economic and social history of north-western Europe in its relationships with the Far East. Kortrijk: Van Ghemmert.

Further reading

  • Carlos, Ann M., and Stephen Nicholas. "'Giants of an Earlier Capitalism': The Chartered Trading Companies as Modern Multinationals." Business history review 62.3 (1988): 398–419. in JSTOR
  • Ferguson, Niall. The ascent of money: A financial history of the world (2008).
  • Jones, Geoffrey. Multinationals and Global Capitalism: From the Nineteenth to the Twenty-first Century (2004)
  • Lipson, E. The Economic History of England (1931) pp 184–370 gives capsule histories of 10 major English trading companies: The Merchant Adventurers, the East India Company, the Eastland Company, the Russia Company, the Levant Company, the African Company, the Hudson's Bay Company, the French Company, the Spanish Company, and the South Sea Company.
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