trade usage

A practice or method of dealing having such regularity of observance in a region, vocation, or trade that it justifies an expectation that it will be observed in a given transaction; a customary practice or set of practices relied on by persons conversant in, or connected with, a trade or business.

• While a course of performance or a course of dealing can be established by the parties’ testimony, a trade usage is usu. established by expert testimony.

— Also termed usage of trade; course of trade. Cf. COURSE OF DEALING; COURSE OF PERFORMANCE. [Cases: Customs and Usages 1. C.J.S. Customs and Usages § 1.]


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