The current wave of liberalisation, privatisation and openness sweeping across the world has given new boost to international economic relations and trade. This development has given new dimensions to the theoretical and practical aspects of the terminology of international trade. New concepts and ideas have come up enriching the already developed field of international trade and its associated disciplines/branches like international finance, international business and international marketing. Growing importance of many international financial institutions like the World Bank, IMF and World Trade Organisation (WTO) have also brought into circulation newly coined terms, paradigms, and phrases. The present dictionary is an attempt to bring all important trade-related concepts, maxims, phrases and terms at one place and provide their meaning in a simple and lucid language.