cap and trade
[ kapuhn treyd ]
/ ˈkæp ən ˈtreɪd /
noun
a system in which organizations and countries are permitted to produce a set amount of carbon dioxide emissions and other atmospheric pollutants, with the provision that those who do not produce their entire allowance may sell their remaining capacity to those who have exceeded their allowed limit (often used attributively): a cap-and-trade program.
QUIZZES
TAKE THIS QUIZ IF A DAZZLING VOCABULARY IS YOUR DESIDERATUM!
Have the Words of the Day from October 19–25, 2020, made an indelible mark on your memory? Take the quiz to find out!
Question 1 of 7
What does “clement” mean?
Also called emissions trading .
Origin of cap and trade
First recorded in 1995–2000
Words nearby cap and trade
capacitor, capacity, capactin, cap and bells, cap and gown, cap and trade, Capaneus, cap-a-pie, caparison, capataz, cap cloud
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020
Example sentences from the Web for cap and trade
British Dictionary definitions for cap and trade
cap-and-trade
adjective (prenominal)
denoting a scheme which allows companies with high greenhouse gas emissions to buy an emission allowance from companies which have fewer emissions, in a bid to reduce the overall impact to the environment
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012