cartel

noun/kɑrˈtɛl/

Frequency rank: #6,960 of 20,003 in the WORDED list (wordfreq data)

Meaning

A group of businesses or countries that agree to fix prices and limit competition.

Illustration for the English word “cartel”

Example sentence

The government launched an investigation into the oil cartel after prices were fixed illegally.

Synonyms & related words

More words in ranks 6,901–7,000