fair-trade agreement
noun Date: 1937 an agreement between a producer and a seller that commodities bearing a trademark, label, or brand name belonging to the producer be sold at or above a specified price

New Collegiate Dictionary. 2001.

Look at other dictionaries:

  • fair–trade agreement — n: an agreement between a producer and a seller that commodities bearing a trademark, label, or trade name belonging to the producer be sold at or above a specified price ◇ Most fair trade agreements are illegal. Merriam Webster’s Dictionary of… …   Law dictionary

  • fair-trade agreement — ➔ agreement …   Financial and business terms

  • fair trade agreement — fair trade agreement, U.S. an agreement which permits manufacturers to set minimum price levels on products. In states that have legalized this agreement, retailers must hold to the price levels set by the manufacturers …   Useful english dictionary

  • fair trade agreement — UK US noun [C] COMMERCE ► an agreement in which a company cannot sell a product for less than the price agreed with the manufacturer. This is illegal in the US and many other countries …   Financial and business terms

  • fair-trade agreement — fair′ trade′ agree ment n. bus an agreement between a manufacturer and a retailer that a trademarked product will not be sold below a specified price: illegal after 1975 • Etymology: 1935–40 …   From formal English to slang

  • fair-trade agreement — noun 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 • Hypernyms: ↑agreement,… …   Useful english dictionary

  • fair-trade agreement — an agreement or contract between a manufacturer and a retailer to sell a branded or trademarked product at no less than a specific price: legally prohibited after 1975. [1935 40] * * * …   Universalium

  • fair-trade — fair trader, n. /fair trayd /, v., fair traded, fair trading, adj. (formerly) v.t. 1. to sell (a commodity) under a fair trade agreement. v.i. 2. to sell a commodity under a fair trade agreement. adj. 3. subject to or resulting from a fair trade… …   Universalium

  • fair-trade — fair′ trade′ v. trad•ed, trad•ing, adj. 1) bus to sell (a commodity) under a fair trade agreement 2) bus subject to or resulting from a fair trade agreement • Etymology: 1940–45 fair′ trad′er, n …   From formal English to slang

  • fair–trade — vt: to market (a commodity) in compliance with the provisions of a fair trade agreement fair trade n fair trader n Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

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