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Audio English.org » Dictionary » F » Fair-trade Agreement ... Fall Apart

FAIR-TRADE AGREEMENT

Pronunciation (US): 

 Dictionary entry overview: What does fair-trade agreement mean? 

FAIR-TRADE AGREEMENT (noun)
  The noun FAIR-TRADE AGREEMENT has 1 sense:

1. an agreement (illegal in the United States) between the manufacturer of a trademarked item of merchandise and its retail distributors to sell the item at a price at or above the price set by the manufacturer

  Familiarity information: FAIR-TRADE AGREEMENT used as a noun is very rare.


 Dictionary entry details 


FAIR-TRADE AGREEMENT (noun)


Sense 1fair-trade agreement [BACK TO TOP]

Meaning:

An agreement (illegal in the United States) between the manufacturer of a trademarked item of merchandise and its retail distributors to sell the item at a price at or above the price set by the manufacturer

Classified under:

Nouns denoting communicative processes and contents

Hypernyms ("fair-trade agreement" is a kind of...):

agreement; understanding (the statement (oral or written) of an exchange of promises)


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