Fair trade is the practice of buying goods directly from producers in developing countries ata fair price.
...fair trade coffee.
fair trade in British English
noun
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 in American English
(ˈfɛrˈtreɪd)
adjective
1. US
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
verb transitiveWord forms: ˈfair-ˈtraded or ˈfair-ˈtrading
2.
to sell (a commodity) under such an agreement
Examples of 'fair trade' in a sentence
fair trade
We can then truly say goodbye to fair trade.
Times, Sunday Times (2006)
It supports fair trade and union rights and helps me to sleep a little less guiltily at night.
Times, Sunday Times (2007)
A quick survey of the options provided in the world of fair trade may help to explain why.