usage of trade

Legal Definition of usage of trade

: a practice or method of dealing that is regularly observed in a place, vocation, or trade and that one justifiably expects to be followed by another party to a commercial transaction — compare course of dealing, course of performance

Note: Evidence of a usage of trade may be admissible as supplementing the express terms of a disputed contract when it does not contradict them.

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Cite this Entry

“Usage of trade.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/usage%20of%20trade. Accessed 24 Jul. 2021.

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