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!
Fairtrade International member
A member organisation as defined in the Fairtrade International constitution. Full members have voting privileges in the General Assembly and are …
Fairtrade Marketing Organisation
A national or regional organisation normally created in a country where there is no National Fairtrade Organisation (NFO). It is responsible for …
Fairtrade Minimum Price (FMP)
The Fairtrade Minimum Price (where it exists) is the minimum price that must be paid by buyers to producers for a product to become certified against …
Fairtrade Officer
All certification customers must designate one key contact person, a Fairtrade Officer, within their organisation. The Fairtrade Officer will be the …
Fairtrade organisations
Fairtrade organisations that support the Fairtrade system comprise: Fairtrade Labelling Organisations International e.V., FLOCERT GmbH, Fairtrade …
Fairtrade Payer
The buyers responsible for paying the Fairtrade Minimum Price or agreed commercial price and/or the Fairtrade Premium. Buyers must check their status …
Fairtrade Premium
An extra sum of money, paid on top of the selling price, that farmers or workers invest in projects of their choice. They decide together how to …
Fairtrade Premium Committee
A committee consisting of elected worker members and appointed advisors from the management. Its purpose is the management of the Fairtrade Premium …
Fairtrade Product-specific Standards
Requirements that apply to a specific product category, in addition to the Fairtrade Generic Standards. Product-specific Standards supersede …
Fairtrade Sourced Ingredient (FSI)
A commodity-sourcing approach applicable to all products except bananas.
The model focuses on the sourcing of Fairtrade commodities and is indicated …
Fairtrade stakeholder
Fairtrade stakeholders refers to all those actively involved in the Fairtrade system. This includes, but is not limited to, producers, traders, …
Fairtrade Standards
Fairtrade Standards, comprising Fairtrade Generic Standards and Fairtrade Product-specific Standards, are requirements that producers and traders …
Fairtrade Trader Standard (GTS)
The Fairtrade Trader Standard contains the requirements that traders must meet, irrespective of the product traded, in order to obtain a Fairtrade …
Fairtrade traders
An organisation that buys, sells, and/or manufactures/processes, and that has obtained product certification as per the relevant Fairtrade Standards.
Finance Committee (Fairtrade International/FLOCERT)
The Finance Committees of Fairtrade International and FLOCERT assist and advise the respective Boards on all financial matters within Fairtrade …