fair trading noun [U]

1

buying and selling activities that are honest and fair to businesses, producers, sellers and customers:

The company is committed to a policy of fair trading.

a fair trading agreement

◆ (BrE) the Office of Fair Trading

2 (Economics )

a system of international trade where the countries involved agree not to put taxes on particular items they import from each other:

Some state subsidies could pose a threat to fair trading conditions.

⇨ FREE TRADE

• fire extinguisher
• firefighting
• fire insurance
• firepower
• fire safety officer
• fire sale
• firewall
• firing line
• firm
• firmware
• first class
• first-generation
• first half
• first in, first out
• first-line manager
• first mover
• first order of business
• first refusal
• first-round financing
• first section
• first tier
• first-tier supplier
• first-time
• fiscal
• fiscal drag