CARTEL


Meaning of CARTEL in English

n.

Pronunciation: kär- ' tel

Function: noun

Etymology: French, letter of defiance, from Old Italian cartello, literally, placard, from carta leaf of paper ― more at CARD

Date: 1692

1 : a written agreement between belligerent nations

2 : a combination of independent commercial or industrial enterprises designed to limit competition or fix prices

3 : a combination of political groups for common action

Merriam Webster Collegiate English Dictionary.      Merriam Webster - Энциклопедический словарь английского языка.