fair-trade agreement

noun

Definition of fair-trade agreement

: an agreement between a producer and a seller that commodities bearing a trademark, label, or brand name belonging to the producer be sold at or above a specified price

First Known Use of fair-trade agreement

1937, in the meaning defined above

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Time Traveler for fair-trade agreement

Time Traveler

The first known use of fair-trade agreement was in 1937

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Dictionary Entries Near fair-trade agreement

fair trade

fair-trade agreement

fair-trade law

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Statistics for fair-trade agreement

Cite this Entry

“Fair-trade agreement.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/fair-trade%20agreement. Accessed 25 Jan. 2022.

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More Definitions for fair-trade agreement

fair-trade agreement

noun

Legal Definition of fair-trade agreement

: an agreement between a producer and a seller that commodities bearing a trademark, label, or trade name belonging to the producer be sold at or above a specified price

Note: Most fair-trade agreements are illegal.

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