What does cartel mean?
Definitions for cartel
kɑrˈtɛlcar·tel
This dictionary definitions page includes all the possible meanings, example usage and translations of the word cartel.
Princeton's WordNet
trust, corporate trust, combine, cartelnoun
a consortium of independent organizations formed to limit competition by controlling the production and distribution of a product or service
"they set up the trust in the hope of gaining a monopoly"
Wiktionary
cartelnoun
A group of businesses or nations that collude to limit competition within an industry or market.
cartelnoun
A combination of political groups (notably parties) for common action
cartelnoun
A written letter of defiance or challenge.
cartelnoun
An official agreement concerning the exchange of prisoners.
cartelnoun
A ship used to negotiate with an enemy in time of war, and to exchange prisoners.
Etymology: From cartel, from cartello, diminutive of carta, from charta.
Samuel Johnson's Dictionary
Cartelnoun
A writing containing, for the most part, stipulations between enemies.
Etymology: cartel, Fr. cartello, Ital.
As this discord among the sisterhood is likely to engage them in a long and lingring war, it is the more necessary that there should be a cartel settled among them. Joseph Addison, Freeholder.
Wikipedia
Cartel
A cartel is a group of independent market participants who collude with each other in order to improve their profits and dominate the market. Cartels are usually associations in the same sphere of business, and thus an alliance of rivals. Most jurisdictions consider it anti-competitive behavior and have outlawed such practices. Cartel behavior includes price fixing, bid rigging, and reductions in output. The doctrine in economics that analyzes cartels is cartel theory. Cartels are distinguished from other forms of collusion or anti-competitive organization such as corporate mergers.
Webster Dictionary
Cartelnoun
an agreement between belligerents for the exchange of prisoners
Cartelnoun
a letter of defiance or challenge; a challenge to single combat
Cartelverb
to defy or challenge
Etymology: [F., fr. LL. cartellus a little paper, dim. fr. L. charta. See 1st Card.]
Wikidata
Cartel
A cartel is a formal "agreement" among competing firms. It is a formal organization of producers and manufacturers that agree to fix prices, marketing, and production. Cartels usually occur in an oligopolistic industry, where the number of sellers is small and the products being traded are usually homogeneous. Cartel members may agree on such matters as price fixing, total industry output, market shares, allocation of customers, allocation of territories, bid rigging, establishment of common sales agencies, and the division of profits or combination of these. The aim of such collusion is to increase individual members' profits by reducing competition. One can distinguish private cartels from public cartels. In the public cartel a government is involved to enforce the cartel agreement, and the government's sovereignty shields such cartels from legal actions. Inversely, private cartels are subject to legal liability under the antitrust laws now found in nearly every nation of the world. Furthermore, the purpose of private cartels is to benefit only those individuals who constitute it, public cartels, in theory, work to pass on benefits to the populace as a whole.
Dictionary of Nautical Terms
cartel
A ship commissioned in time of war to exchange the prisoners of any two hostile powers, or to carry a proposal from one to the other; for this reason she has only one gun, for the purpose of firing signals, as the officer who commands her is particularly ordered to carry no cargo, ammunition, or implements of war. Cartel also signifies an agreement between two hostile powers for a mutual exchange of prisoners. In late wars, ships of war fully armed, but under cartel, carried commissions for settling peace, as flags of truce. Cartel-ships, by trading in any way, are liable to confiscation.
Military Dictionary and Gazetteer
cartel
As a military term it is used to denote an agreement between two belligerents for the exchange of prisoners.
Suggested Resources
cartel
Song lyrics by cartel -- Explore a large variety of song lyrics performed by cartel on the Lyrics.com website.
Matched Categories
Anagrams for cartel »
arclet
Claret
claret
rectal
carlet
talcer
Numerology
Chaldean Numerology
The numerical value of cartel in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of cartel in Pythagorean Numerology is: 5
Examples of cartel in a Sentence
(It) is the only real cartel, it was established and keeps on operating as an association of businessmen.
We were deliberately targeted, used as bait to lure one cartel against another.
In fact, Chapo's sons are now risen through the ranks of the Sinaloa cartel and taken over Chapo's end of the organization.
Mandel Ngan-Pool/Getty Images:
This is a real catastrophe. It's not global warming, this is the manmade disaster. The Biden administration and his enablers like Cartel [Sen. Mark] Kelly have brought this on our country. People are going to die as a result of the failed Biden administration's policies.
The ACCC has long said ... that the most potent deterrent for cartel conduct is a potential jail term, i don't think it's a sudden decision to ramp up, just that it's taken a long time to find conduct for proceeding criminally.
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Translations for cartel
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"cartel." Definitions.net. STANDS4 LLC, 2024. Web. 10 May 2024. <https://www.definitions.net/definition/cartel>.
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