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Fair trade, by this definition, is a trading partnership based on dialogue, transparency and respect, that seeks greater equity in international trade. Fair trade organizations, backed by consumers, support producers, raise awareness and campaign for changes in the rules and practice of conventional international trade. [3]
In particular, the term well-defined is used with respect to (binary) operations on cosets. In this case, one can view the operation as a function of two variables, and the property of being well-defined is the same as that for a function. For example, addition on the integers modulo some n can be defined naturally in terms of integer addition.
A simile (/ ˈ s ɪ m əl i /) is a type of figure of speech that directly compares two things. [1] [2] Similes are often contrasted with metaphors, where similes necessarily compare two things using words such as "like", "as", while metaphors often create an implicit comparison (i.e. saying something "is" something else).
The probabilistic and statistical properties of coin-tossing games are often used as examples in both introductory and advanced text books and these are mainly based in assuming that a coin is fair or "ideal". For example, Feller uses this basis to introduce both the idea of random walks and to develop tests for homogeneity within a sequence of ...
For land acquisitions by or funded by U.S. federal agencies, a slightly different definition applies: [7] "Fair market value is defined as the amount in cash or terms reasonably equivalent to cash, for which in all probability the property would be sold by a knowledgeable owner willing but not obligated to sell to a knowledgeable purchaser who ...
Langenscheidt dictionaries in various languages A multi-volume Latin dictionary by Egidio Forcellini Dictionary definition entries. A dictionary is a listing of lexemes from the lexicon of one or more specific languages, often arranged alphabetically (or by consonantal root for Semitic languages or radical and stroke for logographic languages), which may include information on definitions ...
Fallacies of definition are the various ways in which definitions can fail to explain terms. The phrase is used to suggest an analogy with an informal fallacy. [1] Definitions may fail to have merit, because they are overly broad, [2] [3] [4] overly narrow, [3] [4] or incomprehensible; [4] or they use obscure or ambiguous language, [2] contain mutually exclusive parts, [3] or (perhaps most ...
An example of where fair value is very difficult to determine would be a college kitchen with a cost of $2 million which was built five years ago. If the owners wanted to put a fair value measurement on the kitchen it would be a subjective estimate because there is no active market for such items or items similar to it.