Definitions for board of trade

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  1. Board of Trade

    The Board of Trade, originally the Lords of Trade or Lords of Trade and Plantations is a committee of the Privy Council of the United Kingdom, first established as a temporary committee of inquiry in the 17th century that evolved gradually into a government department with a diverse range of functions. This department was merged with the Ministry of Technology in 1970 to form the Department of Trade and Industry, headed by a Secretary of State for Trade and Industry, who is also President of the Board of Trade. The full Board has met only once since the mid-19th century, during commemorations of the bicentenary of the Board in 1986.

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