Legal Dictionary

Tag: Import Export Terminology

  • Mercosur

    International Trade Meaning and Definition of Mercosur Meaning of Mercosur The common market of the South, a customs union which includes Argentina, Brazil, Paraguay, and Uruguay in a regional trade pact that reduces tariffs on intrapact trade by […]

  • Money Supply

    Money Supply

    Financial Definition of Money Supply Meaning of Money Supply M1-A: Currency plus demand deposits M1-B: M1-A plus other checkable deposits. M2: M1-B plus overnight repos, money market funds, savings, and small (less than $100M) time deposits. M3: […]

  • International Monetary System

    International Trade Meaning and Definition of International Monetary System Meaning of International Monetary System The global network of governmental and commercial institutions within which currency exchange rates are determined.<div […]

  • International Bank For Reconstruction And Development

    Also called the World Bank, an international organization created at Breton Woods in 1944 to help in the reconstruction and development of its member nations….

  • Import

    Legal Definition and Related Resources of Import Meaning of Import To bring goods into a country from outside the geographical and political limits of that country. Also, presume as in the phrase import a consideration in a contract , meaning […]

  • Monopoly

    Legal Definition and Related Resources of Monopoly Meaning of Monopoly An exclusive right , granted to few, of something which was before of common right. Charles river Bridge v warren Bridge, 11 Pet. 420, 9 L.Ed. 773. In a large sense, the term […]

  • Goodwill

    The advantage or benefit which is acquired by a business, beyond the mere value of the capital, stock, funds or property employed therein, in consequence of the general public patronage and encouragement which it receives from constant or habitual customers. See Metropolitan Nat. Bank v St. […]

  • Euro

    International Trade Meaning and Definition of Euro Meaning of Euro The single currency of the European Economic and Monetary Union (EMU) introduced in January 1999. EMU members are Austria, Belgium, Finland, France, Germany, Ireland, Italy, […]

  • Export

    Legal Definition and Related Resources of Export Meaning of Export To carry or send abroad to foreign countries in the way of commerce . To send from one country to another. Canton R. Co. v Rogan, 340 U.S. 511, 71 S.Ct. 447, 95 L.Ed. 488. […]

  • Economic Integration

    International Trade Meaning and Definition of Economic Integration Meaning of Economic Integration The integration of commercial and financial activities among countries through the abolishment of economic discrimination.<div […]

  • Erosion

    Legal Definition and Related Resources of Erosion Meaning of Erosion The gradual wearing away of land by the act of the currents of waters or tides. state of Arkansas v State of Tennessee, 246 U.S. 158, 38 S.Ct. 301, 63 L.Ed. 638. <div […]

  • Joint Venture

    Legal Definition and Related Resources of Joint Venture Meaning of Joint Venture An association of two or more persons to carry out a single business enterprise for profit for which purpose they combine their property and services. See […]

  • Patent

    Legal Definition and Related Resources of Patent Meaning of Patent That which is apparent on the face of an instrument . manifest , evident. At common law the grant of some privilege , property or authority by the crown to one or more […]

  • Digital Divide

    The digital divide refers to the widening technological gap between the richer and the poorer countries of the world….

  • Gold Standard

    An international monetary system in which currencies are defined in terms of their gold content and payment imbalances between countries are settled in gold. It was in effect from about 1870-1914….