resale price maintenance n (Commerce) the practice by which a manufacturer establishes a fixed or minimum price for the resale of a brand product by retailers or other distributors. US equivalent: fair trade Abbreviation: rpm Collins English Dictionary ? Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014