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English definition of “distributorship”

distributorship

noun [C]
 
 
/dɪˈstrɪbjʊtəˌʃɪp/
COMMERCE, LAW the legal agreement that allows a company to sell another company’s products or services to other businesses, stores, and customers: During the term of the distributorship, the Distributor shall use the Trademarks in all advertisements and promotions of the Product.
(Definition of distributorship from the Cambridge Business English Dictionary © Cambridge University Press)
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