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trade association

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trade association

–noun
an association of people or companies in a particular business or trade, organized to promote their common interests.

Origin:
1925–30
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Encyclopedia

trade association

voluntary association of business firms organized on a geographic or industrial basis to promote and develop commercial and industrial opportunities within its sphere of operation, to voice publicly the views of members on matters of common interest, or in some cases to exercise some measure of control over prices, output, and channels of distribution

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Encyclopedia Britannica, 2008. Encyclopedia Britannica Online.
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