triangle trade

Main Entry:  triangle trade1
Part of Speech:  n
Definition:  in history, trade between the New World, Europe, and Africa
Dictionary.com's 21st Century Lexicon
Main Entry:  triangle trade2
Part of Speech:  n
Definition:  a business arrangement involving a buyer (foreign importer), seller (exporter), and a third-party supplier (usu. a manufacturer), made to create lower production cost and lower or free import tariff and to become competitive in exporting
Dictionary.com's 21st Century Lexicon
Copyright © 2003-2014 Dictionary.com, LLC
Cite This Source
Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature