Closed Territory

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MONASH Marketing DictionaryDownload this dictionary
Closed Territory
an exclusive territory assigned to a reseller by a manufacturer; the reseller is required to sell only to customers within the territory. Closed territories are generally illegal under the Trade Practices Act.

2004 (c) Copyright & Reprint Courtesy of the Dept. of Marketing, Faculty of Business and Economics, Monash University; edited by Mr. Don Bradmore.

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