deal or trade
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 21 U.S. 338 - Fleckner v. President Directors and Company of the Bank of the United States · 1823Most cited · 155 citing opinions
The true interpretation, however, of that rule is, not that it prohibits purchases generally, but that it prohibits buying and selling for the purposes of gain. It aims to interdict the bank from doing the ordinary business of a trader or merchant, in buying and selling goods, &c. for profit, and uses the words 'deal' and 'trade,' in contradistinction to purchases, made for the accommodation or use of the bank, or resulting from its ordinary banking operations.