Legal Dictionary

Category: International Trade Dictionary

  • Marine Insurance

    Marine Insurance

    Legal Definition and Related Resources of Marine Insurance Meaning of Marine Insurance An insurance against marine losses, that is, the losses incident to marine adventure. An insurance against risks connected with navigation to which a ship, […]

  • Transfer Pricing

    The price one unit of a company charges to another unit of the same company for goods or services exchanged between the two….

  • Subsidiary

    Subsidiary

    Legal Definition and Related Resources of Subsidiary Meaning of Subsidiary As applied to a corporation , it is one that is controlled by another corporation. For legal purposes, a subsidiary corporation is a distinct legal entity from the parent […]

  • Certificate Of Origin

    Documents that may be asked for by the authorities of the importing country, as evidence of the country of manufacture of the goods….

  • Economic Union

    An agreement between two or more countries that allows the free movement of capital, labor, all goods and services, and involves the harmonization and unification of social, fiscal, and monetary policies….

  • Gold Exchange Standard

    A system of fixing exchange rates adopted in the Bretton Woods agreement. It involved the U.S. pegging the dollar to gold and other countries pegging their currencies to the dollar….

  • Franchising

    International Trade Meaning and Definition of Franchising Meaning of Franchising A parent company grants another independent entity the privilege to do business in a pre-specified manner, including manufacturing, selling products, marketing […]

  • Sole Proprietorship

    Sole Proprietorship

    A business owned by a single individual. The sole proprietorship pays no corporate income tax but has unlimited liability for business debts and obligations….

  • Eurobond

    A bond that is (1) underwritten by an international syndicate, (2) offered at issuance simultaneously to investors in a number of countries, and (3) issued outside the jurisdiction of any single country….

  • Discounting

    Calculating the present value of a future amount. The process is opposite to compounding….

  • Partnership

    Partnership

    The relation subsisting between two or more persons who have contracted together to share as common owners the profits of a business carried on by all or any of them on behalf of all of them, Shumaker, Partnership, 2. Elements : The essential elements of a partnership are (1) a contract […]

  • Hedge Funds

    Private investment partnerships with a general manager and a small number of limited partners….

  • Advance payment

    Advance Payment is a Trading method in which the buyer pays for the goods before they are sent out , method is used when buyer is of unknown credit worthiness. It is applicable in International or domestic trade….

  • Cash Flow

    Financial Definition of Cash Flow Meaning of Cash Flow In investments, it represents earnings before depreciation , amortization and non-cash charges. Sometimes called cash earnings. Cash flow from operations (called funds from operations ) by […]

  • Foreign Aid

    International Trade Meaning and Definition of Foreign Aid Meaning of Foreign Aid A grant of money, technical assistance, capital equipment, or other assistance typically extended by richer nations to poorer nations.<div […]