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fair-trade

verb \ ˈfer-ˈtrād \
|Updated on: 28 Jul 2018

Definition of fair-trade

fair-traded; fair-trading; fair-trades
transitive verb
: to market (a commodity) in compliance with the provisions of a fair-trade agreement
—

fair trader

noun

First Known Use of fair-trade

1947

in the meaning defined above

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fair trade

noun

Definition of fair trade

1 : trade in conformity with a fair-trade agreement
2 : a movement whose goal is to help producers in developing countries to get a fair price for their products so as to reduce poverty, provide for the ethical treatment of workers and farmers, and promote environmentally sustainable practices

Recent Examples of fair trade from the Web

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'fair trade.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of fair trade

1914

in the meaning defined at sense 1

See Words from the same year
NEW! Time Traveler

Law Dictionary

fair-trade

transitive verb

legal Definition of fair-trade

: to market (a commodity) in compliance with the provisions of a fair-trade agreement
—

fair trade

noun
—

fair trader

noun

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