fair trade

(redirected from Fair Trade Movement)
Also found in: Thesaurus, Encyclopedia.

fair trade

n.
1. Trade carried on according to a commercial agreement under which distributors sell products of a given class at no less than a minimum price set by the manufacturer.
2. Trade that is considered fair because it respects workers' rights and minimizes environmental damage.

fair′-trade′ adj.

fair trade

n
1.
a. the practice of directly benefiting producers in the developing world by buying straight from them at a guaranteed price
b. (as modifier): fair-trade coffee.
2. (Commerce)
a. the practice of directly benefiting producers in the developing world by buying straight from them at a guaranteed price
b. (as modifier): fair-trade coffee.

fair′ trade′


n.
trade carried on under a fair-trade agreement.

fair′-trade′



v. -trad•ed, -trad•ing,
adj. v.t.
1. to sell (a commodity) under a fair-trade agreement.
adj.
2. subject to or resulting from a fair-trade agreement.
[1940–45]
fair′-trad′er, n.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.fair trade - trade that satisfies certain criteria on the supply chain of the goods involved, usually including fair payment for producers; often with other social and environmental considerations
trade - the commercial exchange (buying and selling on domestic or international markets) of goods and services; "Venice was an important center of trade with the East"; "they are accused of conspiring to constrain trade"
2.fair trade - trade that is conducted legally
trade - the commercial exchange (buying and selling on domestic or international markets) of goods and services; "Venice was an important center of trade with the East"; "they are accused of conspiring to constrain trade"
References in periodicals archive ?
As an example, Wagner of TransFair USA cites Starbucks, which only reluctantly entered the fair trade movement in 2000.
These activities raise awareness of the Fair Trade movement as a comprehensive approach to social, economic and environmental empowerment and sustainability among farming communities in the developing world.
The fair trade movement encourages consumers--especially Westerners who are going to spend the money anyway--to pay attention to such matters as the working conditions and the environmental impact that underlie their purchases.
While I appreciate the attention to fair trade in Great Britain and am inspired by its practice in the United Kingdom, I was disappointed that little attention was given to the exciting and rapidly growing fair trade movement in the United States.
The list of products synonymous with the fair trade movement could gain an unusual addition following a call by doctors yesterday.
The fact that Ben & Jerry's has come on board will no doubt help the fair trade movement in the UK, of which the Fairtrade Foundation is the biggest proponent.
But though the fair trade movement was created by NGOs, they did not see that fair trade could be a business model rather than a charity operation, and the charity approach has made some fair trade rigid and uncommercial in the way it operates.
The Fair Trade movement is based upon the idea that producers in developing countries are capable of achieving economic success, provided they" receive fair prices in international markets for what they produce.
The international Fair Trade movement is trying to improve the lives of the world's beleaguered farmers, and in Re case of coffee this means guaranteeing that producers earn at least a floor price of $1.
But the fair trade movement is now asking us to do exactly that - to consider not only how the garment looks but how it came into being.
This generous funding will galvanize TransFair USA's effort to grow the Fair Trade movement and establish hundreds of Fair Trade Towns across the United States by 2013.