fair-trade agreement vs understanding

understanding vs fair-trade agreement

fair-trade agreement and understanding both are nouns.

fair-trade agreement is not an adjective while understanding is an adjective.

Word	Noun	Adjective	Verb	Adverb
fair-trade agreement	Yes	No	No	No
understanding	Yes	Yes	No	No

As nouns, understanding is a hypernym of fair-trade agreement; that is, understanding is a word with a broader meaning than fair-trade agreement:

fair-trade agreement: an agreement (illegal in the United States) between the manufacturer of a trademarked item of merchandise and its retail distributors to sell the item at a price at or above the price set by the manufacturer
understanding: the statement (oral or written) of an exchange of promises

Other hypernyms of fair-trade agreement include agreement.

fair-trade agreement (noun)	understanding (noun)
an agreement (illegal in the United States) between the manufacturer of a trademarked item of merchandise and its retail distributors to sell the item at a price at or above the price set by the manufacturer	the capacity for rational thought or inference or discrimination
	the cognitive condition of someone who understands
	an inclination to support or be loyal to or to agree with an opinion
	the statement (oral or written) of an exchange of promises

fair-trade agreement (adjective)	understanding (adjective)
	characterized by understanding based on comprehension and discernment and empathy

Difference between fair-trade agreement and understanding

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