CARTEL

trust, corporate trust, combine, cartel

(noun) 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”

Source: WordNet® 3.1


Etymology

Noun

cartel (plural cartels)

(economics) A group of businesses or nations that collude to limit competition within an industry or market.

(historical, politics) A combination of political groups (notably parties) for common action.

(historical) A written letter of defiance or challenge.

(historical, legal) An official agreement concerning the exchange of prisoners.

(historical, nautical) A ship used to negotiate with an enemy in time of war, and to exchange prisoners.

Anagrams

• Claret, arclet, claret, lacert, rectal

Source: Wiktionary


Car*tel", n. Etym: [F., fr. LL. cartellus a little paper, dim. fr. L. charta. See 1st Card.]

1. (Mil.)

Definition: An agreement between belligerents for the exchange of prisoners. Wilhelm.

2. A letter of defiance or challenge; a challenge to single combat. [Obs.] He is cowed at the very idea of a cartel., Sir W. Scott. Cartel, or Cartel ship, a ship employed in the exchange of prisoners, or in carrying propositions to an enemy; a ship beating a flag of truce and privileged from capture.

Car"tel, v. t.

Definition: To defy or challenge. [Obs.] You shall cartel him. B. Jonson.

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

25 December 2024

UNAMBIGUOUS

(adjective) having or exhibiting a single clearly defined meaning; “As a horror, apartheid...is absolutely unambiguous”- Mario Vargas Llosa


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