fair trade

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Related to fair-trade: Fair Trade Movement

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.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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.
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

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.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
"Telling producers to leave buffer zones around conservation areas, minimize water use for irrigation, and ensure that organic waste is 'disposed of in a sustainable manner.' Fair-trade advocates argue that the eco-benefits extend beyond these simple rules: By helping to promote smaller producers, the label helps those who are most likely to use sustainable, traditional growing methods that are better for the environment."
Around 58% of respondents have heard of fair trade and just over a quarter have knowingly purchased a fair-trade product.
A college or university seeking to earn fair-trade status must commit to a series of steps aimed at making the models practices part of daily campus life.
The chairman of the Mauritius Fair-trade Federation Cooperative Ltd.
Since it began certifying coffee in 1998, TransFair estimates farmers have received close to $200 million more in revenue than they would have without fair-trade status.
Such is the basic message of Sushil Mohan's book Fair Trade Without the Froth: A Dispassionate Economic Analysis of "Fair Trade," a thoughtful, balanced, and, yes, dispassionate discussion of the claims of fair-trade advocates and critics.
Marie Hogan, 11, a ninth generation Californian, loves to run, savor fair-trade chocolate, and dance.
Bronner's Magic Soaps to appeal a recent decision of the National Advertising Division (NAD) in a case related to fair-trade certifications.
So as TransFair USA, the leading independent, third-party fair-trade certifier in the United States, gained traction in the 1990s, "we thought it was the perfect fit to formalize our social accountability program," he said.
For example, in Belgium, consumers are willing to pay up to a 10% premium for fair-trade coffee (De Pelsmacker et al., 2005).
But upon closer examination, Conscious Coffees' fair-trade principles, which support direct improvements for farmers and sustainable environmental practices, make it different from your average roaster.
Jeff Moore, who founded Canada's first fair-trade coffee co-operative, Just Us!