What is the meaning of 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. .
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). fair-trade agreement. Retrieved September 21, 2026, from http://smartdefine.org/fair-trade_agreement/definitions/1216677
ChicagoWordNet. 2010. "fair-trade agreement" http://smartdefine.org/fair-trade_agreement/definitions/1216677 (accessed September 21, 2026).
HarvardWordNet 2010, fair-trade agreement, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/fair-trade_agreement/definitions/1216677>.
MLAWordNet. "fair-trade agreement" 23 October 2010. Web. 21 September 2026. <http://smartdefine.org/fair-trade_agreement/definitions/1216677>