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fair-trade

The definition of fair-trade is an agreement by a seller to pay fair wages and provide good working conditions to those producing goods in a developing country.

(adjective)

An example of fair-trade is a coffee grower that pays their workers well and gives them a healthy work environment.

See fair-trade in Webster's New World College Dictionary

adjective

☆ designating or of an agreement whereby a seller undertakes to charge no less than the minimum price set by a manufacturer on a specified trademarked or brand-name commodity: most U.S. states no longer permit such agreements

transitive verb fair-traded, fair-trading

to sell (a commodity) under such an agreement

See fair-trade in American Heritage Dictionary 4

noun

Trade that conforms to a fair-trade agreement.

transitive verb fair-trad·ed, fair-trad·ing, fair-trades

To sell (a commodity) at a price consistent with a fair-trade agreement.

Learn more about fair-trade

fair trade business definition

fair-trade in a sentence

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