fair trade

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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 ?
"He was also, along with his good friend Dennis Turner, a pioneer of the Fair Trade movement in the city.
St Peter's Primary organised a fun end-of-term beat the goalie event that saw them use balls made by Bala, which were put together by overseas makers as part of the Fair Trade movement's decent-wage scheme.
Vice chairwoman Isobel Davidson said: "Aberdeenshire Council has been committed to the Fair Trade movement for a number of years now in various capacities.
THE Tyneside organisation that pioneered the fair trade movement in the UK could shut by the end of the year, with the loss of 68 jobs.
The fair trade movement began as an initiative of a church-based NGO in the Netherlands whose members were concerned about the impact of low coffee prices on growers and pickers.
Jaffee D (2012) Weak coffee: Certification and co-optation in the fair trade movement. Social Problems 59(1): 94-116.
The fair trade movement, while offering clearly outlined benefits for factory workers and farmers, still relies on consumerism to create change.
Feelings of fear and hope filled the room where dozens of Sacramento-area activists had gathered in February to hear what Trump's election might mean for the future of the North American Free Trade Agreement (NAFTA), and how a resurgent fair trade movement might help push for a better deal.
They cover the fair trade movement, the business of fair trade, and fair trade and international development.
We believe that not addressing the differences between free trade and the fair trade movement upfront may interfere with students' understanding of free trade, and perhaps of the goals and consequences of the fair trade movement as well.
In the chapter, "The Fair Trade Universe," Sylla describes the origins of the fair trade movement as well as its current operations.