Related Entries of the International Encyclopedia:

1. Acceptance Letter of Credit Definition of Acceptance Letter of Credit in International Trade The following is a concept of Acceptance Letter of Credit in the context of international trade law, from the Dictionary of International Trade (Global Negotiator): A letter of credit, which requires, amongst the documents [...]...
2. Advised Letter of Credit Definition of Advised Letter of Credit L/c in International Trade The following is a concept of Advised Letter of Credit L/c in the context of international trade law, from the Dictionary of International Trade (Global Negotiator): A letter of credit whose terms and conditions have been [...]...
3. Letter Of Credit Clause A clause in a marine cargo insurance policy designed to protect an exporter until such time as he is paid under a letter of credit. An exporter selling on an F.O.B. or F.A.S. basis, for example, does not provide marine insurance; this obligation is undertaken by the importer. If the purchaser's ......
4. Special Marine Policy Special Marine Policy in International Trade Meaning of Special Marine Policy, according to the Dictionary of International Trade (Global Negotiator): An insurance policy which is issued to cover a single shipment. The special marine policy form calls for the name of the vessel and sailing [...]...
5. Expiration Date Expiration Date in International Trade Meaning of Expiration Date, according to the Dictionary of International Trade (Global Negotiator): In a letter of credit transaction, the final date the seller (beneficiary of the credit) may present documents and draw a draft under the terms of the [...]...
6. Deemed Export In the United States For information about Deemed Export in the context of international trade, click here...
7. Back to Back Back to Back Letter of Credit in International Trade Meaning of Back to Back Letter of Credit, according to the Dictionary of International Trade (Global Negotiator): A new letter of credit opened in favour of another beneficiary on the basis of an already existing one, not a transferable [...]...
8. Bank Export Services In the United States For information about Bank Export Services in the context of international trade, click here...
9. Software Export Controls In the United States For information about Software export controls in the context of international trade, click here...
10. Credit Guarantees Group on Export Credits and Credit Guarantees in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Group on Export Credits and Credit Guarantees: A subgroup of the OECD Trade .Committee,comprising all OECD [...]...
11. Validity Validity in International Trade Meaning of Validity, according to the Dictionary of International Trade (Global Negotiator): The time period for which a letter of credit is valid. After receiving notice of a letter of opened in his behalf, the seller/exporter/beneficiary must meet all the [...]...
12. Bordereau Bordereau in International Trade Meaning of Bordereau, according to the Dictionary of International Trade (Global Negotiator): A method of reporting shipments to an insurance company under an open insurance policy. An insurance form similar to a declaration, which provides for insurance [...]...
13. Discrepancies Discrepancies in International Trade Meaning of Discrepancies, according to the Dictionary of International Trade (Global Negotiator): In the context of letters of credit, discrepancies arises when documents presented under a letter of credit do not conform to the terms of the credit; [...]...
14. Back-To-Back Letter Of Credit A letter of credit raised to purchase goods that will be sold under a different letter of credit. A broker or other intermediary who is the beneficiary under a customer's letter of credit may use that credit as collateral to open a second letter of credit to actually purchase the goods it plans ......
15. Cover Note Cover Note in International Trade Meaning of Cover Note, according to the Dictionary of International Trade (Global Negotiator): Document issued by insurance company or insurance brokers instead of insurance policies or insurance certificates, which serves as proof of usual insurance [...]...
16. Usance Credit Also known as a time credit, a Letter of Credit (q. v.) that provides that the drafts drawn under the credit will mature thirty, sixty, or more days, up to nine months, after sight or date. A letter of credit providing for settlement more than nine months from shipment of the goods is normally in t......
17. Negotiating Bank Negotiating Bank in International Trade Meaning of Negotiating Bank, according to the Dictionary of International Trade (Global Negotiator): In a letter of credit transaction, the bank that: receives and examines the seller's documents for adherence to the terms and conditions of the [...]...
18. Confirming Bank Confirming Bank in International Trade Meaning of Confirming Bank, according to the Dictionary of International Trade (Global Negotiator): In a letter of credit transaction, the bank that assumes responsibility to the seller (usually the exporter) for payment from the issuing bank (buyer's [...]...
19. International Arrangement on Export Credits International Arrangement on Export Credits in International Trade Meaning of International Arrangement on Export Credits, according to the Dictionary of International Trade (Global Negotiator): An agreement among the members of OECD (Organization for Economic Cooperation and Development) [...]...
20. Credit Spanish Translation of credit This is the legal translation of English to Spanish in relation to credit and / or a definition of this topic: Haber (in Spanish, without translation of the dictionary entry). Spanish Translation of credit This is the legal translation of English to Spanish in [...]...
21. Issuance Issuance in International Trade Meaning of Issuance, according to the Dictionary of International Trade (Global Negotiator): The establishment of a letter of credit by the issuing bank (buyer's bank) based on the buyer's application and credit relationship with the bank. See letter of [...]...
22. Second Advising Bank Second Advising Bank in International Trade Meaning of Second Advising Bank, according to the Dictionary of International Trade (Global Negotiator): In a letter of credit transaction, the seller usually prefers that the incoming letters of credit be advised through its bank account. However, [...]...
23. Straight Straight B/L in International Trade Meaning of Straight B/l, according to the Dictionary of International Trade (Global Negotiator): A non-negotiable bill of lading which specifies the consignee to whom the goods are to be delivered. It is used when payment for the goods has been made in [...]...
24. Patent Insurance Spanish Translation of patent insuranceThis is the legal translation of English to Spanish in relation to patent insurance and / or a definition of this topic: Seguro de Patentes (in Spanish, without translation of the dictionary entry)....
25. 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. [...]...
26. Pre-advice Pre-advice in International Trade Meaning of Pre-advice, according to the Dictionary of International Trade (Global Negotiator): In letters of credit, at the request of an applicant, the issuing bank may give a pre-advice of issuance and/or amendment of the letter of credit. A pre-advice is [...]...
27. Export Insurance Resources See Also International Trade Trade Regulation International Economic Law Export License International Trade Law Foreign Trade Safeguard...
28. Export Credit Resources See Also Industry Industrial Unionism Labor Law Industrial Disputes Business Law...
29. Credit Risk Insurance Credit Risk Insurance in International Trade Meaning of Credit Risk Insurance, according to the Dictionary of International Trade (Global Negotiator): Insurance designed to cover risks of nonpayment for delivered goods....
30. Credit Insurance Resources See Also Finance Consumer Credit Negotiable Instrument Securities Financial Regulation Corporate Finance Resources See Also Insurance (Credit insurance)...
31. Foreign Credit Insurance Association An association of fifty U.S. insurance companies that operates in conjunction with the EXPORT-IMPORT bank (read this and related legal terms for further details), or Eximbank, to insure commercial risks associated with e......
32. Export In the United States For information about Export in the context of international trade, click here Export in International Trade Meaning of Export, according to the Dictionary of International Trade (Global Negotiator): To ship an item away from a country for sale to another country. [...]...
33. Export Management Company A private company that serves as the export department of other firms, usually small- and medium-size manufacturers. An EMC will provide a variety of services for its clients, to include locating customers abroad, arranging transportation and financing for the merchandise, developing foreign [...]...
34. Export Processing Zone Summary of Export Processing Zone A special type of Foreign Trade Zone (read this and related legal terms for further details) within which certain exemptions from duties, taxes, and regulations are granted as an inducement to export-oriented manufacturing. Customarily a manufacturer within [...]...
35. Export Quota Export Quota and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Export Quota: A specific restriction or ceiling imposed by an exporting country on the value or volume of certain exports. [...]...
36. Export Clearance In the United States For information about Export clearance in the context of international trade, click here...
37. Export Business Plan Export Business Plan in International Trade Meaning of Export Business Plan, according to the Dictionary of International Trade (Global Negotiator): The purpose of an export business plan is to prepare companies, specially middle and small to enter the international market place or to better [...]...
38. Export Contract Export Contract in International Trade Meaning of Export Contract, according to the Dictionary of International Trade (Global Negotiator): The export contract is used for the international sale of certain products (industrial supplies, raw materials, manufactured goods), which are projected [...]...
39. Export Entry Modes Export Entry Modes in International Trade Meaning of Export Entry Modes, according to the Dictionary of International Trade (Global Negotiator): In establishing export channels a company has to decide which functions will be the responsibility of external agents and which will be handled by [...]...
40. Export Incentives Export Incentives in International Trade Meaning of Export Incentives, according to the Dictionary of International Trade (Global Negotiator): Assistance provided by governments to enable or assist their suppliers in securing foreign markets. Incentives take may forms. Some, such as assisting [...]...
41. Export License Export License in International Trade Meaning of Export License, according to the Dictionary of International Trade (Global Negotiator): A government document granting the licensee the right to export a specific quantity of a commodity to a specified country. This license may be require in a [...]...
42. Export Manager Export Manager in International Trade Meaning of Export Manager, according to the Dictionary of International Trade (Global Negotiator): An export manager serves as intermediary between foreign buyers and domestic sellers. Unlike trading companies who buy the products before selling directly [...]...
43. Export Marks Export Marks in International Trade Meaning of Export Marks, according to the Dictionary of International Trade (Global Negotiator): Words or symbols placed on the outside of a export packed goods to indicate the shipment's destination. Typical marks for vessel shipments include the [...]...
44. Export Packing Export Packing in International Trade Meaning of Export Packing, according to the Dictionary of International Trade (Global Negotiator): The preparation of goods for international shipping. The degree of export packing required greatly depends on the kind of product, the mode of [...]...
45. Export Subsidies Export Subsidies in International Trade Meaning of Export Subsidies, according to the Dictionary of International Trade (Global Negotiator): Government payments, economic inducements or their financially quantifiable benefits provided to domestic producers or exporters contingent on the export [...]...
46. Export-performance Measure Export-performance Measure in International Trade Meaning of Export-performance Measure, according to the Dictionary of International Trade (Global Negotiator): Requirement that a certain quantity of production must be exported....
47. Export Value Summary of Export Value The price at which a foreign manufacturer customarily freely offers for sale a given product for export to the United States in the usual wholesale quantities, less export discounts, packing, and costs of preparing the goods for export. The use of this value [...]...
48. Export Diversification Summary of Export Diversification The movement of a nation away from the export of a single or limited number of products as the principal source of foreign exchange earnings. Export diversification programs are usually the priority objectives of small or underdeveloped nations, [...]...
49. Export Duty A tax imposed on exports. This mechanism serves as a source of government revenue and is imposed by some countries on a limited number of products. Export duties are expressly forbidden by the U.S. Constitution.......
50. Export Subsidy Summary of Export Subsidy A direct payment, tax relief, or other incentive provided by a government to encourage export sales. The use of such devices is apt to be regarded as undesirable by the importing nation and may result in the imposition of Countervailing Duties (read this legal term [...]...
51. Export Administration Regulations Export Administration Regulations and the Laws of International Trade The Export Administration Regulations Export Control Compliance and Administration National security-related controls Foreign policy controls Short supply controls Jurisdiction Foreign boycotts under [...]...
52. Export Control Export Control and the Laws of International Trade Export control reform initiative Export Administration System Commerce control list Export Control in Merger and Acquisitions Dual use items End-use-based controls Reexports Software and technology Regulatory requirements for all [...]...
53. Export Control Laws Export Control Laws and the Laws of International Trade Worldwide export control laws Export Control in Merger and Acquisitions Countries covered Extraterritorial application Entity-based sanctions Other export statutes Due diligence under other export statutes [...]...
54. Export Administration In the United States For information about Export Administration in the context of international trade, click here...
55. Export Control Enforcement In the United States For information about Export Control Enforcement in the context of international trade, click here...
56. Export Control Regulations In the United States For information about Export Control Regulations in the context of international trade, click here...
57. Export Customs Clearance In the United States For information about Export Customs Clearance in the context of international trade, click here...
58. Export Licenses In the United States For information about Export Licenses in the context of international trade, click here...
59. Export Regulations In the United States For information about Export Regulations in the context of international trade, click here...
60. Export Broker Export Broker in International Trade Meaning of Export Broker, according to the Dictionary of International Trade (Global Negotiator): An individual or firm that brings together buyers and sellers for a fee but does not take part in actual sales transactions....
61. Export Declaration Export Declaration in International Trade Meaning of Export Declaration, according to the Dictionary of International Trade (Global Negotiator): A government document declaring designated goods to be shipped out of the country. This document should be completed by the exporter and filed with [...]...
62. Export Earnings Resources See Also International Trade Trade Regulation International Economic Law Export License International Trade Law Foreign Trade Safeguard...
63. Export Planning Resources See Also International Trade Trade Regulation International Economic Law Export License International Trade Law Foreign Trade Safeguard...
64. Export Restriction Resources See Also International Trade Trade Regulation International Economic Law Export License International Trade Law Foreign Trade Safeguard...
65. Export Volume Resources See Also International Trade Trade Regulation International Economic Law Export License International Trade Law Foreign Trade Safeguard...
66. Export Control Classification Numbers In the United States For information about Export Control Classification Numbers in the context of international trade, click here...
67. Export Bar A bar of pure gold, used principally in settling balances between central banks or other official financial institutions.......
68. Export Control Statement A notation required to be entered upon the shipping documents of virtually all commercial exports leaving the United States. A statement for certain licensed commodities, for example, reads: "These commodities licensed by the United States for ultimate destination (name of country). Diversion c......
69. Export Jobber A company that purchases and exports merchandise only against a firm order from abroad. Typically the jobber does not take physical possession of the goods.......
70. Export Merchant A firm that purchases goods from various domestic manufacturers, ships them abroad, and markets through other middlemen or their own organization. The export merchant tends to specialize in a given product category.......
71. Export Privileges The opportunity afforded by the U.S. government to engage in export transactions. The Export Control Act and its successor Export Administration Act have provided that all exports are under authority of license (including the general license requiring no prior approval); hence, exporting is a privil......
72. Export Quota Agreement An arrangement arising under an international commodity agreement whereby each participating exporting nation is allocated a portion of the market. Participating importing nations agree to limit imports from nonmember nations. The object of the system is to maintain price stability, thus [...]...
73. Export Tariff A tax or duty levied by a governmental authority upon the exportation of a product. Such taxes upon exports have been abolished by all major trading nations but are still retained by some developing nations, particularly on exports of mineral or agricultural commodities, as a source of state revenu......
74. Export Trading Company Act A 1982 act of Congress designed to promote American exports by modifying the application of antitrust laws and reducing restrictions on export financing on certain export transactions. The legislation is divided into four parts. Title I directs the Department of Commerce to encourage the formation o......
75. Export Unemployment A conscious program to relieve domestic unemployment or economic stagnation through the stimulation of export sales. The term is used generally in relation to improper export promotion vehicles such as dumping (read this and......
76. Export Compliance Export Compliance and the Laws of International Trade Enforcement: Compliance and investigations Export Administration System Penalties Effects of cooperation with the government Examples of enforcement actions Judicial review Some guidelines for export compliance [...]...
77. Export Violations Export Violations and the Laws of International Trade Export violations; evidence of violations Export Control in Merger and Acquisitions Post-closing discovery of an export violation If an export violation is discovered Ongoing violations Cessation of illegal activity [...]...
78. Export Credits Group on Export Credits and Credit Guarantees in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Group on Export Credits and Credit Guarantees: A subgroup of the OECD Trade .Committee,comprising all OECD [...]...
79. Export Trading Company Export Trading Company and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Export Trading Company: (Also known as an export management company.) A private firm that provides related-related services to other [...]...
80. Export-Led Growth Export-Led Growth and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Export-Led Growth: A macroeconomic strategy focusing on expansion of the export sector --such as through export subsidies or competitive [...]...
81. Export Platforms Export Platforms and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Export Platforms: Refers to countries such as Mexico, Taiwan, Singapore, Malaysia, and South Korea that established incentive programs [...]...
82. Export Enhancement Program Export Enhancement Program (EEP) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Export Enhancement Program (EEP): A system of agricultural export subsidies maintained by the United [...]...
83. Export Restraints Export Restraints and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Export Restraints: Also referred to as bilateral restraint agreements. Quantitative restrictions applied by exporting [...]...
84. Export Guarantees Export Guarantees and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Export Guarantees: Assurances by an exporter's government that financing provided by a private lender will be [...]...
85. Export Credits Arrangement Export Credits Arrangement and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Export Credits Arrangement: Formal title is the Arrangement on Guidelines for Officially Supported Export [...]...
86. Export Controls Export Controls and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Export Controls: Regulations or restrictions applied to exports by the government of the exporting country to limit [...]...
87. Export Restrictions Export Restrictions and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Export Restrictions: While usage varies, this term is often used to denote quantitative limits or charges on exports [...]...
88. Export Cartels In the United States For information about Export cartels in the context of international trade, click here...
89. Export Companies In the United States For information about Export Companies in the context of international trade, click here...
90. Export Compliance Programs In the United States For information about Export Compliance programs in the context of international trade, click here...
91. Export Control System In the United States For information about Export Control System in the context of international trade, click here...
92. Export Documentation In the United States For information about Export Documentation in the context of international trade, click here...
93. Export Due Diligence In the United States For information about Export due diligence in the context of international trade, click here...
94. Export Procedures In the United States For information about Export Procedures in the context of international trade, click here...
95. Export Sanctions In the United States For information about Export Sanctions in the context of international trade, click here...
96. Export Trade Certificates In the United States For information about Export trade certificates in the context of international trade, click here...
97. Export Trading In the United States For information about Export Trading in the context of international trade, click here...
98. Export Control Reform Export Control Reform in 2013 United States views on international law [1] in relation to Export Control Reform: On April 16, 2013, the Department of State announced that the U.S. Government had issued the first in a series of new rules regarding the export of munitions and commercial [...]...
99. Export Control Restrictions United States Executive Order 13224 Designations In relation to the international law practice and Executive Order 13224 Designations in this world legal Encyclopedia, please see the following section: Sanctions, Export Controls, International Restrictions About this subject: Imposition, [...]...
100. Export Control Violations Aeroflex: Resolution of Export Control Violations in 2013 United States views on international law [1] in relation to Aeroflex: Resolution of Export Control Violations: On August 9, 2013, the State Department announced that it had entered into a consent agreement with Aeroflex Incorporated [...]...
101. Export Oriented Industry Resources See Also Industry Industrial Unionism Labor Law Industrial Disputes Business Law...
102. Export Promotion Resources See Also Industry Industrial Unionism Labor Law Industrial Disputes Business Law...
103. Export Mailing List Service An export promotion service of the U.S. Department of Commerce. See Foreign Traders Index.......
104. Export International Restrictions Issues Communication to the Committee Established Pursuant to Resolution 1718 In relation to the international law practice and Communication to the Committee Established Pursuant to Resolution 1718 in this world legal Encyclopedia, please see the following section: Sanctions, Export Controls, [...]...
105. Export-Import Bank Of The United States Commonly known as Eximbank, an independent, self-funding agency of the U.S. government created to facilitate exports of American products. Originally chartered under the laws of the District of Columbia in 1934, Eximbank was rechartered by an act of Congress in 1945. The bank provides short-, medium......
106. Export-lmport Bank of the United States Export-lmport Bank of the United States (Eximbank) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Export-lmport Bank of the United States (Eximbank): A public corporation created by executive order of the [...]...
107. Export Control and Related Border Security (Exbs) Program Export Control And Related Border Security (Exbs) Program in 2016 Through the EXBS Program, the Department of State leads the interagency effort to strengthen adherence to nonproliferation norms by helping to build effective national strategic trade control and border security systems in [...]...
108. Letter of Credit A document issued by a commercial bank committing itself to honor drafts drawn in accordance with the terms of the credit. The party to whom the credit is issued is the beneficiary; the party on behalf of whom the bank issues the credit is the applicant. Letters of credit may be issued as [...]...
109. Extensions of Credit In the United States For information about Extensions of credit in the context of international trade, click here...
110. Documentary Credit Documentary Credit in International Trade Meaning of Documentary Credit, according to the Dictionary of International Trade (Global Negotiator): Documentary credit means the same thing than "letter of credit". Traders and bankers in some parts of the world (US, Asia) tend to use the [...]...
111. Merchant's Credit Merchant's Credit in International Trade Meaning of Merchant's Credit, according to the Dictionary of International Trade (Global Negotiator): A letter of credit issued by the buyer himself. Contains no commitment whatever on the part of a bank. See letter of credit....
112. Rollover Credit Rollover Credit in International Trade Meaning of Rollover Credit, according to the Dictionary of International Trade (Global Negotiator): Any line of credit that can be borrowed against up to a stated credit limit and into which repayments go for crediting. See letter of credit....
113. Clean Letter of Credit Synonymous with CLEAN CREDIT.......
114. Irrevocable Letter of Credit See Letter of Credit.......
115. Standby Letter of Credit A guarantee issued by a bank to a firm as security for the actions of a third party; in the event the third party does not perform specified acts (usually the payment of obligations) within a prescribed period, the beneficiary of the credit may unilaterally draw upon the letter of credit in [...]...
116. Transferable Letter of Credit A Letter Of Credit (read this and related legal terms for further details) that is transferable from the original beneficiary to a subsequent beneficiary. This type of credit is used when the original beneficiary is a br......
117. Unconfirmed Letter of Credit See Letter of Credit.......
118. Confirmed Letter of Credit Confirmed Letter of Credit in International Trade Meaning of Confirmed Letter of Credit, according to the Dictionary of International Trade (Global Negotiator): A letter of credit that contains a guarantee on the part of both the issuing and de advising banks of payment to the seller so long [...]...
119. Evergreen Letter of Credit Evergreen Letter of Credit in International Trade Meaning of Evergreen Letter of Credit, according to the Dictionary of International Trade (Global Negotiator): A letter of credit that automatically renews itself beyond its stated expiration....
120. Restricted Letter Credit Restricted Letter Credit in International Trade Meaning of Restricted Letter Credit, according to the Dictionary of International Trade (Global Negotiator): A letter of credit, the negotiation of which is restricted to a bank specially mentioned in the letter. See letter of credit....