fair trade

noun
trade carried on under a fair-trade agreement.

Origin:
1715–25

Dictionary.com Unabridged

fair-trade

[fair-treyd] verb, fair-trad·ed, fair-trad·ing, adjective (formerly)
verb (used with object)
1.
to sell (a commodity) under a fair-trade agreement.
verb (used without object)
2.
to sell a commodity under a fair-trade agreement.
adjective
3.
subject to or resulting from a fair-trade agreement: fair-trade items; fair-trade prices.

Origin:
1940–45

fair-trad·er, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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00:10
Fair-trade is one of our favorite verbs.
So is lollygag. Does it mean:
to spend time idly; loaf.
chat, to converse
Collins
World English Dictionary
fair trade
 
n
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 & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Example sentences
Multinationals are now seen as tools, via fair-trade regulations, to sort out
  the evils of third-world poverty.
The owner focuses on high quality, fair-trade products, which is always a bonus.
Serves only certified fair-trade organic coffee that's been roasted in small
  batches for better flavor.
There's also mixed evidence on the effectiveness of fair-trade products at
  spreading the wealth.
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