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 classic literature ?
Exorbitant duties on imported articles would beget a general spirit of smuggling; which is always prejudicial to the fair trader, and eventually to the revenue itself: they tend to render other classes of the community tributary, in an improper degree, to the manufacturing classes, to whom they give a premature monopoly of the markets; they sometimes force industry out of its more natural channels into others in which it flows with less advantage; and in the last place, they oppress the merchant, who is often obliged to pay them himself without any retribution from the consumer.
"I call myself a fair trader, and one who gives to his chaps as good as he receives.
The book is published by Dark Windows, costs PS9.99 and is available at the Fair Trader store in Holmfirth.
St Helens Council has established a Trader Register called Fair Trader, Fair Comment.
Page 5 Fair trader The nation's favourite chocolate bar is helping improve the lives of farmers in West Africa as production of the Fairtrade Dairy Milk launches at Bournville today.
Engeman describes McLoughlin as "a stern but fair trader and mediator, a genial host and an astute businessman" who won the appellation of "great white-headed eagle" for his political, social and economic power as well as his shock of chin-length, bright white hair.
This choice resulted in their striking a deal with the Spanish fair trader Intermon Oxfam.
FAIR Trader Sunnie Bell is developing her Bethesda giftware store into one of the first Japanese-themed shops in North Wales.
For the moment, however, consumer groups are urging the public to stick to estate agents who have signed up the code of the OEA, and who display the triangular OEA and the OFT Fair Trader logos.
While Dean has less claim to the "fair trader" mantle than Gephardt or Kucinich, Kerry's attack will help Dean sell himself to unions as the fallback candidate should Gephardt fade.
A good fair trader will help improve working conditions and product quality, increase the environmental stability of the production activities, and help improve living conditions for the producers or workers.
On the other hand, those who argue that Japan has become a normal market economy and a fair trader in the international system are equally discomfited.