fair´-trad´er

fair´-trad´er
the marketing of trademarked goods in accordance with a fair trade agreement.
fair-trade «FAIR TRAYD», transitive verb, adjective, -trad|ed, -trad|ing.
–v.t.
1. to set a minimum retail price on (a trademarked product).
2. to sell (a trademarked product) in accordance with a fair trade agreement.
fair´-trad´er, noun.
–adj.
produced according to a business ideal that guarantees certain standards relative to the growers or producers of goods, such as a living wage and decent working conditions, especially involving imports from less-developed countries. »

fair-trade coffee; fair-trade sugar. Shoppers at the Portland co-op didn't balk at paying higher prices for fair-trade coconut.


Useful english dictionary. 2012.

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