cap and trade
cap
kæp
kāp
and
ænd
ānd
trade
treɪd
treid
/kˈap and tɹˈeɪd/

Definition & Meaning of "cap and trade"in English

Cap and trade
01

an environmental policy where companies are allocated emission limits, and those emitting below their limits can sell their extra allowances to higher emitters

LanGeek
Download LanGeek app
langeek application

Download Mobile App

App Store