Tag: Import Export Terms
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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 […]
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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….
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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….
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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….
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Retail Trade
International Trade Meaning and Definition of Retail Trade Meaning of Retail Trade Generally, sales or offers to sell goods or services to individuals for personal use. Related Entries of Retail Trade in the […]
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World Bank
Financial Definition of World Bank Meaning of World Bank A multilateral development finance agency created by the 1944 Bretton Woods, New Hampshire negotiations. It makes loans to developing countries for social overhead capital projects, which […]
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Tariff-Quota
A tariff that is set at a lower rate until a specified quantity (the quota) of goods has been imported, at which point the tariff increases for additional imports….
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Tariff-Quota
A tariff that is set at a lower rate until a specified quantity (the quota) of goods has been imported, at which point the tariff increases for additional imports….
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Trademark
A registration process under which a name, logo, or characteristic can be identified as exclusive….
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Protectionism
Financial Definition of Protectionism Meaning of Protectionism Protecting domestic industry from import competition by means of tariffs, quotas, and other trade barriers. International Trade Meaning and […]
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Carrier
Legal Definition and Related Resources of Carrier Meaning of Carrier A person holding himself out to transport goods and persons for hire. Carriers are of two kinds, common and private. A common carrier is one who invites all and sundry to […]
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Spot Market
A market in which trades are made for immediate delivery (within two business days for most spot currencies)….