noun
[ U ] a way of selling things in which sb buys the right to sell a company's goods and then sells the goods to other people. These other people sell the goods again to others.
noun
[ U ] a way of selling things in which sb buys the right to sell a company's goods and then sells the goods to other people. These other people sell the goods again to others.
Oxford Advanced Learner's English Dictionary. Оксфордский английский словарь для изучающик язык на продвинутом уровне. 2005