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How is Trading Stock defined in a legal contract?

• Trading Stock means assets owned by an entity which are sold or intended to be sold during the normal course of the entity's business operations. This also includes items that are currently being worked on or the materials that are expected to be incorporated into these items. Seen in 6 SEC filings
• Trading Stock means vehicles that are offered or put up for sale by a licensed dealer during the course of their business. Seen in 4 SEC filings
• Trading Stock means assets owned by someone that are sold, or intended to be sold, in the normal course of the person's business, including work in progress on such assets, and inventories of materials to be used within such assets. Seen in 1 SEC filing
• Trading Stock means anything manufactured, acquired, or purchased for the purposes such as manufacture, sale, or exchange. Seen in 1 SEC filing
• Trading Stock means properties that an owner of a business has for the purpose of selling or exchanging during the regular course of the business. Seen in 1 SEC filing
• Trading Stock means assets belonging to a person that are sold or intended to be sold in the normal course of a business conducted by the person, including work in progress on such assets, and inventories of materials to be included in such assets. Seen in 1 SEC filing

Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

Trading Stock means assets owned by an entity, intended for sale within regular business operations.

Relevant Contract Types

• Supply Agreements
• Distribution Agreements
• Reseller Agreements
• Franchise Agreements

Relevant Circumstances

• Merchandise sale
• Import/export transactions
• Wholesale business agreements

Relevant Sectors

• Retail
• Wholesale
• Manufacturing

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Genie Definition 2

Trading Stock means acquired or produced items, intended for manufacturing, selling, or exchanging.

Relevant Contract Types

• Manufacturing Agreements
• Supply Agreements
• Licensing Agreements

Relevant Circumstances

• Raw material purchase
• Licensing of product designs for manufacturing
• Trade of manufactured goods

Relevant Sectors

• Manufacturing
• Textiles
• Pharmaceuticals

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