fair-trade agreement definition

  • noun:
    • A commercial contract under which vendors sell items of confirmed class at no less than a minimum cost set by the manufacturers..
    • an understanding (illegal in the us) between the maker of a trademarked item of merchandise and its own retail vendors to market the item at a cost at or over the price set by the manufacturer
    • A commercial arrangement under which vendors offer products of certain course at at least a minimum price set by the product manufacturer.
    • an agreement (unlawful in the us) between your manufacturer of a trademarked item of merchandise and its particular retail distributors to sell the item at a cost at or over the cost set by the manufacturers.
    • A commercial agreement under which distributors sell products of confirmed class at a minimum of a minimum price set by the manufacturer.
    • an understanding (illegal in the United States) amongst the producer of a trademarked product of product and its own retail distributors to sell the item at a cost at or over the cost set by the manufacturer

Related Sources

  • Definition for "fair-trade agreement"
    • A commercial contract under which vendors sell items…
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  • Hypernym for "fair-trade agreement"
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