Definition of Cartel
Cartel
car·tel
Definition/Meaning
(noun)
A group of companies or countries that agree to fix prices or limit production.
e.g. The oil cartel has been accused of manipulating global energy prices.
(noun)
an arrangement between political parties in order to promote or achieve a common interest or goal;
e.g. Historically, cartels were popular arrangements between political parties.
Translate this Word
Select a language from the dropdown and click "Translate Now" to see this word in your preferred language.
Similar Words
Related Words
Comments
