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

Licence Agreement
The contract between the Licensee and a National Fairtrade Organisation or Fairtrade International, which regulates their commercial relations and …
Licence fee
A Licensee pays a licence fee for the use of the FAIRTRADE Certification Mark to the National Fairtrade Organisation (NFO).
Licensee
A company licensed by a National Fairtrade Organisation or Fairtrade International to use the FAIRTRADE Certification Mark.
Licensing Body
The organisation that draws up and signs a licence contract with a Licensee. In countries where a National Fairtrade Organisation (NFO) is located, …
Like for Like
Principle for Mass Balance products whereby purchases of Fairtrade inputs should be comparable (same kind and quality) to the inputs used in the …