[fair-treyd] /ˈfɛərˈtreɪd/ (formerly)
verb (used with object), fair-traded, fair-trading.
to sell (a commodity) under a .
verb (used without object), fair-traded, fair-trading.
to sell a commodity under a .
subject to or resulting from a :
fair-trade items; fair-trade prices.
trade carried on under a fair-trade agreement.
- Fair-trade agreement
noun 1. an agreement or contract between a manufacturer and a retailer to sell a branded or trademarked product at no less than a specific price: legally prohibited after 1975.
- Fair-trade law
noun 1. a state or federal law authorizing fair-trade agreements: repealed 1975.
[fair-vyoo] /ˈfɛərˌvyu/ noun 1. a town in NE New Jersey.
noun 1. a city in SW Illinois.