Meaning Of The Word Fair trade
What's the definition of Fair trade? Find Fair trade meanings, definitions and more at the Real Dictionary online.
Fair trade Meaning
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What's The Definition Of Fair trade?
fair trade
Fair trade is the practice of buying goods directly from producers in developing countries at a fair price. fair trade in American English noun: trade carried on under a fair-trade agreement fair trade in British English noun: the practice of directly benefiting producers in the Global South by buying straight from them at a guaranteed price fair-trade in American English designating or of an agreement whereby a seller undertakes to charge no less than the minimum price set by a manufacturer on a specified trademarked or brand-name commodity: most U.S. states no longer permit such agreements to sell (a commodity) under such an agreement adjective: subject to or resulting from a fair-trade agreement intransitive verb: to sell a commodity under a fair-trade agreement transitive verb: to sell (a commodity) under a fair-trade agreement |
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