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fair-trade agreement

Definitions

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • noun an agreement (illegal in the United States) between the manufacturer of a trademarked item of merchandise and its retail distributors to sell the item at a price at or above the price set by the manufacturer

Etymologies

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hypernyms (2)

Words that are more generic or abstract

  1. agreement
  2. understanding

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