Cartel meaning

kär-tĕl'
A written agreement between nations at war, esp. as to the exchange of prisoners.
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A combination of independent business organizations formed to regulate production, pricing, and marketing of goods by the members.
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An association of industrialists, business firms, etc. for establishing a national or international monopoly by price fixing, ownership of controlling stock, etc.; trust.
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A group of countries or companies that work in concert to limit production of a product in order to influence the price of the product. OPEC, the Organization of Petroleum Exporting Countries, is one of the better-known cartels. Many western countries, including the United States, have laws prohibiting cartels, but many other countries don’t.
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A group of independent producers or sellers in a particular industry, or a group of businesses with a common interest, who have joined together to reduce competition between themselves by allocating markets, sharing knowledge, or controlling the price and production of a product or service. See also monopoly and oligopoly.
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The definition of a cartel is an arrangement between people who will benefit from the arrangement, often in an illegal way.

An example of a cartel is a group of manufacturers who have gotten together to regulate production and fix prices.

An example of a cartel is a group of drug dealers who control a certain territory.

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An official agreement between governments at war, especially one concerning the exchange of prisoners.
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A group of parties, factions, or nations united in a common cause; a bloc.
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A political bloc in certain European countries.
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A combination of political groups (notably parties) for common action.
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A written letter of defiance or challenge.
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An official agreement concerning the exchange of prisoners.

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(nautical) A ship used to negotiate with an enemy in time of war, and to exchange prisoners.
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Origin of cartel

  • German Kartell from French cartel from Italian cartello placard from Medieval Latin cartellus charter diminutive of Latin charta, carta paper made from papyrus card1
    From American Heritage Dictionary of the English Language, 5th Edition
  • From French cartel, from Italian cartello, diminutive of carta (“card, page”), from Latin charta.
    From Wiktionary