Glossary

If you feel that the world of Fair Trade has its very own language – don’t fret! We’ll keep you in the know!

With this glossary we’ll guide you through the common technical terms used by FLOCERT, Fairtrade International and the World Fair Trade Organisation (WFTO).

Learn about the wor(l)ds of Fair Trade below!

Navigate the glossary by letter

Gap Analysis
A performance assessment of a business entity against a given Standard or private Code of Conduct. Such a pre-assessment is often used to rate a …
Genetically modified organism (GMO)
A plant, animal or microorganism that is transformed by genetic engineering.
Group Mass Balance
Group Mass Balance (GMB) allows that Fairtrade inputs do not need to be delivered to the same site as that where the Fairtrade output is processed. …