English dictionary

fair-trade agreement meaning and definition

Definition and meaning of fair-trade agreement at MeaningMonkey.org. fair-trade agreement meaning and definition in the English Dictionary.

FAIR-TRADE AGREEMENT noun

Definition of fair-trade agreement (noun)

  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
Source: Princeton University Wordnet

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