Definition of «trade group»

A trade group is an organization that represents a particular industry or sector. It typically consists of businesses or individuals who share common interests and work together to promote their shared goals, such as advancing their field through research and development, advocating for favorable policies, or improving industry standards. Trade groups may also provide networking opportunities, educational resources, and other services to help members grow their businesses.

Sentences with «trade group»

  • Now, a consortium of industry trade groups is throwing its support behind a Congressional effort to formally define the grace period. (housingwire.com)
  • Five trade groups representing pharmaceutical companies worldwide are urging their members to release more information about the clinical trials they conduct. (sciencemag.org)
  • I recently attended the annual gathering of the largest trade group of nutrition professionals, which I also covered last year. (eatdrinkpolitics.com)
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