cartel

car·tel

noun \kär-ˈtel\

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

1. <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

Related to CARTEL

Synonyms: combination, combine, syndicate, trust

Related Words: cartelist; chain, conglomerate, megacorporation, multinational; association, guild (also gild), organization, partnership, pool, union; big business

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Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

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