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cartel - Dictionary definition and meaning for cartel

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"

    synonyms : combine , corporate trust , trust

WordNet® 3.0, © 2006 by Princeton University.

Mnemonics for cartel

  • (Tag: ) CAR+TELL...we have to buy cars at a price told by the manufacturer, we cannot bargain....coz they have CARTEL and don't bring down the price of car.....

    added by nileshdive    editEdit Mnemonic

    Was this mnemonic useful ?    +2 UP    down  -0  

  • (Tag: ) cartel resolve it as car and tel. car accomodates a group of people(memorise it as industries or companies) tel -> gathering to provide high productivity

    added by rajeshou.t    editEdit Mnemonic

    Was this mnemonic useful ?    +1 UP    down  -2  


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