<owl:Class xmlns="https://folio.openlegalstandard.org/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:v1="http://www.loc.gov/mads/rdf/v1#" xmlns:owl="http://www.w3.org/2002/07/owl#" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" xmlns:folio="https://folio.openlegalstandard.org/" xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#" xmlns:skos="http://www.w3.org/2004/02/skos/core#" rdf:about="https://folio.openlegalstandard.org/R9IfEJ1qwXzk6iw5gd9sUn6">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/R7oBWHStfmqTLn2MypkW3Pj"/>
  <rdfs:label>Trade Association</rdfs:label>
  <skos:altLabel>Business Association</skos:altLabel>
  <skos:altLabel>Industry Association</skos:altLabel>
  <skos:altLabel>Industry Group</skos:altLabel>
  <skos:altLabel>Trade Organization</skos:altLabel>
  <skos:definition>A trade association is an organization founded and funded by businesses that operate in a specific industry. These associations advocate for the interests of their members, provide industry standards, and offer networking opportunities.</skos:definition>
  <skos:example>American Medical Association</skos:example>
  <skos:example>Automotive Trade Association</skos:example>
  <skos:example>Healthcare Trade Association</skos:example>
  <skos:example>International Air Transport Association (IATA)</skos:example>
  <skos:example>National Association of Manufacturers (NAM)</skos:example>
  <skos:example>Retail Trade Association</skos:example>
  <skos:example>Technology Trade Association</skos:example>
</owl:Class>