Words / B / Law

badges of trade

noun

C2CEFR level
92/100Rarity: very rare
TechnicalRegister

The judicially developed indicia distinguishing a taxable trading venture from a mere realisation of a capital asset.

The sheer frequency of the transactions was the decisive badge of trade in the assessment.

Topic: Tax law in Legal English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More law words: Tax law