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!
An organisation with Trader Certification. It may have either a seller or buyer role in transactions depending on its business relationship with the other party of each particular transaction.
Seller: when selling a product volume it has bought from a producer to a buyer.
Buyer: when buying a product volume from a seller.