cartel Meaning, Definition & Usage

  1. noun a consortium of independent organizations formed to limit competition by controlling the production and distribution of a product or service
    corporate trust; trust; combine.
    • they set up the trust in the hope of gaining a monopoly

WordNet


Car*tel" noun
Etymology
F., fr. LL. cartellus a little paper, dim. fr. L. charta. See 1st Card.
Definitions
  1. (Mil.) 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.
    3. a formal or informal arrangement (sometimes unlawful) among independent commercial enterprises organized for the purpose of common gain, as by limiting competition or fixing prices
Car"tel transitive verb
Definitions
  1. To defy or challenge. Obs.
    You shall cartel him. B. Jonson.

Webster 1913