cartel
playSimple Definition of cartel
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: a group of businesses that agree to fix prices so they all will make more money
Full Definition of cartel
1 : a written agreement between belligerent nations
2 : a combination of independent commercial or industrial enterprises designed to limit competition or fix prices
3 : a combination of political groups for common action
Examples of cartel
<a cartel of oil-producing nations that controls production and influences prices>
Origin of cartel
French, letter of defiance, from Old Italian cartello, literally, placard, from carta leaf of paper — more at card
First Known Use: 1692
Other Economics Terms
Rhymes with cartel
band shell, barbell, Becquerel, Blackwell, bluebell, bombshell, bridewell, cadelle, chandelle, Chanel, clamshell, compel, cormel, cornel, corral, cowbell, cupel, diel, dispel, doorbell, dry cell, dry well, dumbbell, duxelles, ear shell, eggshell, excel, expel, farewell, fat cell, foretell, fuel cell, gazelle, germ cell, Glaspell, gromwell, groundswell, half shell, handbell, hard sell, hard-shell, harebell, hotel, impel, indwell, inkwell, Jarrell, jurel, Kandel, lampshell, lapel, Mandel, marcel, maxwell, Maxwell, micelle, misspell, morel, motel, nacelle, nerve cell, Nobel, noel, nouvelle, nutshell, oil well, Orel, Orwell, outsell, pall-mall, Parnell, pastel, pell-mell, pixel, pointelle, Ponselle, presell, propel, quenelle, rakehell, rappel, Ravel, rebel, refel, repel, respell, retell, riel, rondel, Roswell, saurel, scalpel, seashell, sequel, sleigh bell, soft sell, soft-shell, solgel, speedwell, spinel, stairwell, star shell, stem cell, tooth shell, unsell, unwell, upwell, wind-bell
Learn More about cartel
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Thesaurus: All synonyms and antonyms for "cartel" Spanish Central: Translation of "cartel" Nglish: Translation of "cartel" for Spanish speakers Britannica English: Translation of "cartel" for Arabic speakers Britannica.com: Encyclopedia article about "cartel"
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