Born Global
Born Global in International Trade
Meaning of Born Global, according to the Dictionary of International Trade (Global Negotiator): Born global is a type of company that from the beginning of its activities pursues a vision of becoming global and globalizes rapidly without any preceding long term domestic or internationalization period. Two types of born global can be distinguished: export/import start up and global start up, whereby the latter, contrary to the former, involves many activities coordinated across many countries. Usually born global companies are small companies, technology oriented companies that operates in international markets from the earliest days of their establishment.
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- Parent Company Parent Company in International Trade Meaning of Parent Company, according to the Dictionary of International Trade (Global Negotiator): A parent company, sometimes called a holding company, is a corporation that has subsidiaries which are wholly or partially-owned separate businesses [...]...
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- Gauger Gauger in International Trade Meaning of Gauger, according to the Dictionary of International Trade (Global Negotiator): An individual or company that measures, gauges or otherwise inspected by approved commercial gauger for classification-verification purposes. See surveyor....
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- Sister Company Sister Company in International Trade Meaning of Sister Company, according to the Dictionary of International Trade (Global Negotiator): A sister company is a company with close affiliations to another company with a separate name and personnel. Both companies are owned by the same parent and [...]...
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- CFS CFS Charge in International Trade Meaning of Cfs Charge, according to the Dictionary of International Trade (Global Negotiator): The charge assessed for services performed at the origin or destination for loading or unloading of cargo into/from containers at a CFS Container Freight Station....
- Equity Joint Venture Equity Joint Venture (EJV) in International Trade Meaning of Equity Joint Venture (EJV), according to the Dictionary of International Trade (Global Negotiator): A type of joint venture in which two or more parties set up a separate legal company to act as the vehicle for carrying out the [...]...
- Liner Shipping Liner Shipping in International Trade Meaning of Liner Shipping, according to the Dictionary of International Trade (Global Negotiator): Services provided by a steamship company or shipping line, under which cargo vessels operate according to a fixed schedule and publicly advertised freight rates....
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- Duns Number Duns Number in International Trade Meaning of Duns Number, according to the Dictionary of International Trade (Global Negotiator): An international numbering system provided by the American company Duns & Bradstreet for identifying companies....
- Steamship Line Steamship Line in International Trade Meaning of Steamship Line, according to the Dictionary of International Trade (Global Negotiator): A company usually having the following departments: vessel operations, container operations, tariff department, bookings, outbound rates, inward rates, and [...]...
- Freight Rate LCL/fcl in International Trade Meaning of LCL/fcl, according to the Dictionary of International Trade (Global Negotiator): A way of quoting container freight rates in which the carrier agrees to pack the container at the outset (LCL) but unpacking at destination must be carried out by the [...]...
- Insurance Premium Insurance Premium in International Trade Meaning of Insurance Premium, according to the Dictionary of International Trade (Global Negotiator): The amount paid to an insurance company for coverage under an insurance policy....
- Director CEO in Business Meaning of CEO, according to the Dictionary of International Trade (Global Negotiator): The Chief Executive Officer (CEO) is the highest-ranking manager in a corporation. He or she is in charge of growth, financial operations, and goal setting for an organization. This [...]...
- Due Diligence Due Diligence in International Trade Meaning of Due Diligence, according to the Dictionary of International Trade (Global Negotiator): Investigative research to independently establish the background of a potential partner. Matters investigated typically include financial statements, legal [...]...
- Licensor Licensor in International Trade Meaning of Licensor, according to the Dictionary of International Trade (Global Negotiator): A person or a company with exclusive legal rights over a thing that gives, sells or otherwise surrenders to another a limited right to use that thing. The person [...]...
- Offshoring Offshoring in International Trade Meaning of Offshoring, according to the Dictionary of International Trade (Global Negotiator): Offshoring occurs, when a company moves all or some of its activities to another country. When the costs of running a company are cheaper in another country, the [...]...
- Grey Market Grey Market in International Trade Meaning of Grey Market, according to the Dictionary of International Trade (Global Negotiator): A situation that consists of unauthorized traders buying and selling a company's product in different countries. Companies confronted with a grey situation can [...]...
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- Basel Convention Basel Convention in International Trade Meaning of Basel Convention, according to the Dictionary of International Trade (Global Negotiator): A multilateral environmental agreement dealing with hazardous waste. Embracing mainstream international law, this section on basel convention explores [...]...
- Breakbulk Breakbulk in International Trade Meaning of Breakbulk, according to the Dictionary of International Trade (Global Negotiator): To unload and distribute a portion or all the contents of a consolidated shipment for delivery or reconsigment....
- Contract Manufacturing Contract Manufacturing in International Trade Meaning of Contract Manufacturing, according to the Dictionary of International Trade (Global Negotiator): Contract manufacturing in international markets is used in situations when one company arranges for another company in a different country to [...]...
- Letter of Introduction Letter of Introduction (LOI) in International Trade Meaning of Letter of Introduction (LOI), according to the Dictionary of International Trade (Global Negotiator): A statement, often by a third party, in letter form, that briefly profiles a company with an eye toward doing business together. [...]...
- Smes Smes in International Trade Meaning of Smes, according to the Dictionary of International Trade (Global Negotiator): The acronym for small and medium size enterprises. While the definition varies, SMEs are generally considered to be companies that have no more than one-their capital held by a [...]...
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- Surety Bond Surety Bond in International Trade Meaning of Surety Bond, according to the Dictionary of International Trade (Global Negotiator): A surety bond is a guaranty, usually issued by an insurance or surety company, that a particular party will perform according to a contract. In order to collect [...]...
- Biding Biding in International Trade Meaning of Biding, according to the Dictionary of International Trade (Global Negotiator): A provision in a trade agreement that no tariff rate higher that one specified in the agreement will be imposed during the life of the agreement....
- Import Contract Import Contract in International Trade Meaning of Import Contract, according to the Dictionary of International Trade (Global Negotiator): The import contract is suitable when a company is buying goods from abroad by way of import in the course of a business to business transaction. The [...]...
- Piggyback Distribution Piggyback Distribution in International Trade Meaning of Piggyback Distribution, according to the Dictionary of International Trade (Global Negotiator): Piggyback is a form of distribution in foreign markets in which a SME company (the "rider"), deals with a larger company (the [...]...
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- Export Credit Insurance Export Credit Insurance in International Trade Meaning of Export Credit Insurance, according to the Dictionary of International Trade (Global Negotiator): Special insurance coverage for exporters to protect against non payment by the importer (coverage may extend to certain other risks, [...]...
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- Ex Cellar Ex Cellar in International Trade Meaning of Ex Cellar, according to the Dictionary of International Trade (Global Negotiator): A non standard trade term used in the trade of wines and liquors. It must be replaced by EXW Ex Works. Practical Guide to Incoterms....
- Surveyor Surveyor in International Trade Meaning of Surveyor, according to the Dictionary of International Trade (Global Negotiator): An individual or company that acting as an independent third-party expert examines and ascertains the condition of goods or transport equipment (specially ships). [...]...
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