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Fair-trade agreement   /fɛr-treɪd əgrˈimənt/   Listen
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.






WordNet 3.0 © 2010 Princeton University








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Words linked to "Fair-trade agreement" :   understanding, agreement



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