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Webster's New World College Dictionary » fair-trading
fair-trading
Variant of fair-trade
fair-trade
definition
fair·-trade (fer′trād′)
adjective
☆ designating or of an agreement whereby a seller undertakes to charge no less than the minimum price set by a manufacturer on a specified trademarked or brand-name commodity: most U.S. states no longer permit such agreements
transitive verb fair-traded -·trad′ed, fair-trading -·trad′ing
to sell (a commodity) under such an agreement
Webster's New World College Dictionary Copyright © 2005 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.
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