1. a shrewdly conducted exchange, as of favors or objects, usually resulting from or accompanied by very close bargaining.
2. an exchanging or trading of horses.
Pronunciation: (hôrs'trād"), [key]
—v.i., -trad•ed, -trad•ing.
to bargain or trade shrewdly.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.