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fair trade

   Also found in: Legal, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
fair trade
n.
Trade that conforms to a fair-trade agreement.

fair trade
n
(Business / 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
ThesaurusLegend:  Synonyms Related Words Antonyms
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"


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By supporting fair trade practices, the Republic of Tea helps families in South America, Africa and Asia build homes, churches and schools to support and educate their children.
The missionaries selling items at my parish were part of myriad grassroots efforts that make up the fair trade movement.
Kerry Howley's article "Absolution in Your Cup" (March) is well-documented in certain aspects (especially the historical background of coffee) and brings up some real concerns about the fair trade certification model.
 
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