Definition Definition

Cartel - Meaning and Examples

Meaning of 'Cartel' (Webster Dictionary)

1 . Cartel [ n.]
- An agreement between belligerents for the exchange of prisoners.
- A letter of defiance or challenge; a challenge to single combat.
2 . Cartel [ v. t.]
- To defy or challenge.

Meaning of 'Cartel' (Princeton's WordNet)

1 . cartel [ n]
Meaning (1):
- a consortium of independent organizations formed to limit competition by controlling the production and distribution of a product or service
Example in sentence:
  • they set up the trust in the hope of gaining a monopoly