Related Entries of the International Encyclopedia:

1. 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 [...]...
2. Shop in Shop Shop in Shop in International Trade Meaning of Shop in Shop, according to the Dictionary of International Trade (Global Negotiator): In retail business this concept is used when brand owner (usually a multinational company) takes space in another retailer's store and fits it out to provide [...]...
3. 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 [...]...
4. Commission Sales Agreement Commission Sales Agreement in International Trade Meaning of Commission Sales Agreement, according to the Dictionary of International Trade (Global Negotiator): A type or contract, whereby a person or company acts as a sales agent on behalf of the exporting company (principal), introducing its [...]...
5. Delay Clause Delay Clause in International Trade Meaning of Delay Clause, according to the Dictionary of International Trade (Global Negotiator): An insurance policy clause that excludes claims for loss of market and for loss, damage or deterioration arising from delay. This exclusion appears in almost [...]...
6. Subsidiary Subsidiary or Subordinate Election Management Body in Election Law An Election Management Body (EMB) that is not the primary or principal entity responsible for the organisation of elections within a given state. It may be regional or local. Subsidiary in International Trade Meaning of [...]...
7. Brokerage Agreement Brokerage Agreement in International Trade Meaning of Brokerage Agreement, according to the Dictionary of International Trade (Global Negotiator): A type or contract, whereby a person or company acts as a sales agent on behalf of the exporting company (principal), introducing its products to [...]...
8. 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 [...]...
9. 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 [...]...
10. Multidomestic Strategy Multidomestic Strategy in International Trade Meaning of Multidomestic Strategy, according to the Dictionary of International Trade (Global Negotiator): A multidomestic strategy is an international marketing approach that chooses to focus advertising and commercial efforts on the needs of a [...]...
11. Spot Market A market for commodities or currency in which the sale results in an immediate or nearly immediate exchange of the goods or instruments for cash, as compared with a futures market, which trades in contracts for the future delivery of the product.......
12. Multilateral Agreement Multilateral Agreement in International Trade Meaning of Multilateral Agreement, according to the Dictionary of International Trade (Global Negotiator): A international agreement involving three or more parties. For example, the GATT (General Agreement o Tariffs and Trade) has been, since its [...]...
13. Cartel Summary of Cartel An alliance among firms in the same line of business aimed at controlling or dominating their field on an international basis.(Main Author: William J. Miller) Definition of Cartel In accordance with the work A Dictionary of Law, this is a description of Cartel : [...]...
14. Confidentiality Agreement Confidentiality Agreement in International Trade Meaning of Confidentiality Agreement, according to the Dictionary of International Trade (Global Negotiator): A type of contract used to protect sensitive technical or commercial information from disclosure to others. Such agreement is often [...]...
15. Limited Liability Company Gmbh (Gesellschaft Mit Beschränker Haftung) in Company Law Meaning of Gmbh (Gesellschaft Mit Beschränker Haftung), according to the Dictionary of International Trade (Global Negotiator): In German speaking countries (Austria, Germany, Switzerland) a designation for a private limited [...]...
16. Bilateral Trade Agreement Bilateral Trade Agreement in International Trade Meaning of Bilateral Trade Agreement, according to the Dictionary of International Trade (Global Negotiator): A formal agreement involving commerce between two countries. Such agreements sometimes list the quantities of specific goods that may [...]...
17. 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 [...]...
18. Holding Company Holding Company in International Trade Meaning of Holding Company, according to the Dictionary of International Trade (Global Negotiator): Holding companies are corporations that are created for the sole purpose of obtaining and managing a controlling interest in other companies. There are [...]...
19. Kompass Kompass in International Trade Meaning of Kompass, according to the Dictionary of International Trade (Global Negotiator): Kompass is the leading online global business directory with nearly 4 million registered businesses in 60 countries. The search can be done by country, product or company [...]...
20. Vendor Agreement Vendor Agreement in International Trade Meaning of Vendor Agreement, according to the Dictionary of International Trade (Global Negotiator): A vendor agreement is a legal agreement that clearly states the provisions and conditions of the work to be performed by a contractor. The key points to [...]...
21. 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 [...]...
22. 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 [...]...
23. 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....
24. 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 [...]...
25. Pilferage Pilferage in International Trade Meaning of Pilferage, according to the Dictionary of International Trade (Global Negotiator): As used in marine insurance policies, the term denotes petty thievery-the taking of small parts of a shipment-as opposed to the theft of a whole shipment or large [...]...
26. Trademark License Agreement Trademark License Agreement in International Trade Meaning of Trademark License Agreement, according to the Dictionary of International Trade (Global Negotiator): In a Trademark licence agreement the proprietor (Licensor) of a registered trademark gives authorization to another company [...]...
27. On-board Bill of Landing On-board B/l in International Trade Meaning of On-board B/l, according to the Dictionary of International Trade (Global Negotiator): A marine transport document indicating that the shipped goods have been loaded on the carrying vessel....
28. Sales Agent Sales Agent in International Trade Meaning of Sales Agent, according to the Dictionary of International Trade (Global Negotiator): A person or a company that acts as a sales agent on behalf of the exporting company (principal), introducing its products to potential buyers in the external [...]...
29. Business Plan International Business Plan Meaning of International Business Plan, according to the Dictionary of International Trade (Global Negotiator): Planning is essential for any business. Before venturing into international markets companies have to draft an International Business Plan as this [...]...
30. Cargo Insurance Certificate Cargo Insurance Certificate in International Trade Meaning of Cargo Insurance Certificate, according to the Dictionary of International Trade (Global Negotiator): A document indicating the type and amount of insurance coverage in force on a particular shipment. Used to assure the consignee [...]...
31. Equivalent Unit Forty-foot Equivalent Unit in International Trade Meaning of FEU (Forty-foot Equivalent Unit), according to the Dictionary of International Trade (Global Negotiator): A practice in marine commerce expressing cargo quantity in terms of forty-foot container loads. One FEU equals two TEUs [...]...
32. Shipment Received For Shipment B/L in International Trade Meaning of Received For Shipment B/L, according to the Dictionary of International Trade (Global Negotiator): A bill of lading which confirms the receipt of goods by the carrier, but not their actual loading on board. This document can be [...]...
33. 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 [...]...
34. Commercial Presence Commercial Presence in International Trade Meaning of Commercial Presence, according to the Dictionary of International Trade (Global Negotiator): In international marketing forms of entry strategies, having an office, branch, or subsidiary in a foreign country....
35. Trade Facilitation Trade Facilitation in International Trade Meaning of Trade Facilitation, according to the Dictionary of International Trade (Global Negotiator): Removing obstacles to the movement of goods across borders (e.g. simplification of customs procedures). The International Law of Customs: Trade [...]...
36. Trade Map Trade Map in International Trade Meaning of Trade Map, according to the Dictionary of International Trade (Global Negotiator): Trade Map is a tool developed by the International Trade Centre (INTRACEN) whose objective is facilitate strategic market research, monitoring both national and [...]...
37. Vocc Vocc in International Trade Meaning of Vocc, according to the Dictionary of International Trade (Global Negotiator): Vessel operating common carrier is a company that operates its own vessels. See also NVOCC....
38. Managing Agent Summary of Managing Agent A firm that serves as a resident exclusive agent on behalf of a foreign manufacturer. The M A often invests in the local venture and exercises considerable latitude in its operation. Compensation is usually derived on the basis of costs plus a share of the [...]...
39. 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 [...]...
40. 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 [...]...
41. Request for Information Request For Information in International Trade Meaning of Request For Information (RFI), according to the Dictionary of International Trade (Global Negotiator): A market research tool. A formal request from a potential buyer (public or private) to the market asking for information to get an [...]...
42. Supply Supply in International Trade Meaning of Supply, according to the Dictionary of International Trade (Global Negotiator): The quantity of a good or service that sellers will make available at a given price and a certain time in a specific market. Resources See Also Trade International Trade [...]...
43. Profit The Legal History of Profit in Islamic Law This section provides an overview of Profit in Islamic Law Profit in International Trade Meaning of Profit, according to the Dictionary of International Trade (Global Negotiator): The financial gain resulting from selling goods or services at a price [...]...
44. 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 [...]...
45. Distortion Distortion in International Trade Meaning of Distortion, according to the Dictionary of International Trade (Global Negotiator): When prices and production are higher or lower than levels that would usually exist in a competitive market....
46. E-marketplace E-marketplace in International Trade Meaning of E-marketplace, according to the Dictionary of International Trade (Global Negotiator): An online market place where buyers and seller can do business electronically....
47. 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....
48. Globaltrade Globaltrade in International Trade Meaning of Globaltrade, according to the Dictionary of International Trade (Global Negotiator): Online business directory of export services providers and market analysis. It is a private website, sponsored by different agencies of foreign trade promotion. [...]...
49. Legal Entity Legal Entity in International Trade Meaning of Legal Entity, according to the Dictionary of International Trade (Global Negotiator): And individual, proprietorship, partnership, corporation, association, or other organization that has, in the eyes of the law, the capacity to make a contract or [...]...
50. 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 [...]...
51. 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 [...]...
52. Subcontractor Subcontractor in International Trade Meaning of Subcontractor, according to the Dictionary of International Trade (Global Negotiator): An individual, business, or company a supplier contracts to deliver or carry out any part of the supplier's contract obligations....
53. Oligopsony A market condition in which there are a limited number of buyers of a given product or service.......
54. Free Trade Agreement Free Trade Agreement and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Free Trade Agreement: An agreement between two or more countries establishing a free trade area (FTA)....
55. 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 [...]...
56. Duopoly Duopoly in International Trade Meaning of Duopoly, according to the Dictionary of International Trade (Global Negotiator): A market controlled by two suppliers....
57. Global Strategy Global Strategy in International Trade Meaning of Global Strategy, according to the Dictionary of International Trade (Global Negotiator): Global strategy as defined in international marketing as a type of strategy guide to globalization. As opposed to a multidomestic strategy a global [...]...
58. License Agreements License Agreements in International Trade Meaning of License Agreements, according to the Dictionary of International Trade (Global Negotiator): A contractual arrangement in which the licensor's patents, trademarks, service marks, copyrights or know-how may be sold or otherwise made [...]...
59. Open Marine Cargo Insurance Policy Open Marine Cargo Insurance Policy in International Trade Meaning of Open Marine Cargo Insurance Policy, according to the Dictionary of International Trade (Global Negotiator): A type of insurance policy intended to cover an indefinite number of future individual shipments. The insurance [...]...
60. Hague Rules ResourcesSee AlsoSee bill of lading; international carriage. ...
61. Affiliate Company Definition of Affiliate Company in International Trade The following is a concept of Affiliate Company in the context of international trade law, from the Dictionary of International Trade (Global Negotiator): A Company that is less than 50% owned by a parent company; the parents acts as [...]...
62. Consolidator Consolidator in International Trade Meaning of Consolidator, according to the Dictionary of International Trade (Global Negotiator): A company that provides consolidation services. Freight forwarders perform the functions of a consolidator. See consolidation....
63. Insurance Broker Insurance Broker in International Trade Meaning of Insurance Broker, according to the Dictionary of International Trade (Global Negotiator): An individual or firm who represents buyers of insurance and deals with insurance companies or their agents in arranging for insurance coverage for the [...]...
64. Licensee Licensee in International Trade Meaning of Licensee, according to the Dictionary of International Trade (Global Negotiator): A person to whom a license has been granted to use someone else's specified thing such usually of intellectual property (trademark, patents, know how). The person [...]...
65. Non-circumvention Non-disclosure Agreement Non-circumvention Non-disclosure Agreement in International Trade Meaning of NCND (Non-circumvention Non-disclosure Agreement), according to the Dictionary of International Trade (Global Negotiator): Type of contract frequently requested by brokers or intermediaries under which buyers agree to [...]...
66. Container Terminal Container Terminal in International Trade Meaning of Container Terminal, according to the Dictionary of International Trade (Global Negotiator): An area designated for the stowage of cargoes in container. Usually accessible by truck, railroad and marine transportation. In this area, containers [...]...
67. Ex Ante Ex Ante, ex Post in International Trade Meaning of Ex Ante, ex Post, according to the Dictionary of International Trade (Global Negotiator): Before and after a commercial measure is applied to protect the internal market....
68. Liner Service Liner Service in International Trade Meaning of Liner Service, according to the Dictionary of International Trade (Global Negotiator): Regularly scheduled marine transportation provided by a carrier having a fixed port rotation and advertising it as such. Liner service is done on liner terms, [...]...
69. Trade Act Trade Act in International Trade Meaning of Trade Act, according to the Dictionary of International Trade (Global Negotiator): In U.S. Law legislation granting the President broad authority to enter into international agreement to reduce import barriers. Major purposes are: Protect American [...]...
70. Special Cargo Policy A marine cargo policy issued to cover a specific shipment. A special policy may be issued when the shipper infrequently transports goods by water, or when the merchandise is so unusual or so valuable as to warrant a special policy. Frequent shippers customarily obtain an Open Policy (...
71. Royalties In the United States For information about Royalties in the context of international trade, click here Royalties and the Laws of International Trade Royalties Intellectual Property and Competition Law Royalties in International Trade Meaning of Royalties, according to the Dictionary of [...]...
72. Gats Gats in International Trade Meaning of Gats, according to the Dictionary of International Trade (Global Negotiator): The General Agreement on Trade Services is a World Trade Organization agreement that is the first multilateral agreement provide legally enforceable rules covering all [...]...
73. 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....
74. Commercial Treaty Commercial Treaty in International Trade Meaning of Commercial Treaty, according to the Dictionary of International Trade (Global Negotiator): An agreement between two or more countries setting forth conditions under which business between or among the countries may be transacted. It may [...]...
75. International Agreement International Agreement in International Trade Meaning of International Agreement, according to the Dictionary of International Trade (Global Negotiator): A broad term for legally binding arrangements covered by international law between or among countries. Such arrangements are variously [...]...
76. 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....
77. Multicurrency Clause Multicurrency Clause in International Trade Meaning of Multicurrency Clause, according to the Dictionary of International Trade (Global Negotiator): A clause in a loan agreement stating that more than one currency may be used in paying or redeeming the loan....
78. Quality Control Quality Control in International Trade Meaning of Quality Control, according to the Dictionary of International Trade (Global Negotiator): The process of making sure that goods and services are produced and maintained to agreed quality standards. Resources See Also Business Company [...]...
79. Subrogation Spanish Translation of subrogation This is the legal translation of English to Spanish in relation to subrogation and / or a definition of this topic: Subrogación (in Spanish, without translation of the dictionary entry). Subrogation in International Trade Meaning of Subrogation, [...]...
80. Bottom Line Bottom Line in International Trade Meaning of Bottom Line, according to the Dictionary of International Trade (Global Negotiator): The last line in a financial statement indicating the profit of a company. In a contract, the line upon which a party signs....
81. Global Trade Alert Global Trade Alert in International Trade Meaning of Global Trade Alert, according to the Dictionary of International Trade (Global Negotiator): Website that offers information about international trade barriers or state measures that are likely to affect international trade. It identifies the [...]...
82. Maritime Ceremonials Embracing mainstream international law, this section on maritime ceremonials explores the context, history and effect of the area of the law covered here. Resources Further Reading The entry "maritime ceremonials" in the Parry and Grant Encyclopaedic Dictionary of International Law [...]...
83. Maritime Claims Embracing mainstream international law, this section on maritime claims explores the context, history and effect of the area of the law covered here. Resources Further Reading The entry "maritime claims" in the Parry and Grant Encyclopaedic Dictionary of International Law [...]...
84. Maritime Codes Embracing mainstream international law, this section on maritime codes explores the context, history and effect of the area of the law covered here. Resources Further Reading The entry "maritime codes" in the Parry and Grant Encyclopaedic Dictionary of International Law (currently, [...]...
85. Maritime Honours Embracing mainstream international law, this section on maritime honours explores the context, history and effect of the area of the law covered here. Resources Further Reading The entry "maritime honours" in the Parry and Grant Encyclopaedic Dictionary of International Law [...]...
86. Maritime State Embracing mainstream international law, this section on maritime state explores the context, history and effect of the area of the law covered here. Resources Further Reading The entry "maritime state" in the Parry and Grant Encyclopaedic Dictionary of International Law (currently, [...]...
87. Maritime Territory Embracing mainstream international law, this section on maritime territory explores the context, history and effect of the area of the law covered here. Resources Further Reading The entry "maritime territory" in the Parry and Grant Encyclopaedic Dictionary of International Law [...]...
88. Dumping Dumping in International Trade Meaning of Dumping, according to the Dictionary of International Trade (Global Negotiator): The practice of selling a product in a foreign market at an unfairly low price (a price that is lower than the cost in the home market, or which is lower than the cost of [...]...
89. 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....
90. On-deck On-deck in International Trade Meaning of On-deck, according to the Dictionary of International Trade (Global Negotiator): A notation on marine transportations documents that the shipped cargo was loaded on the deck of the carrying vessel as opposed to within the ship's hold ("under [...]...
91. 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 [...]...
92. Loading Summary of Loading A risk premium in addition to interest charges and acceptance fees deducted by a bank or discount house from the face value of a bill of exchange (read here for further details) presented for discounting. This additional margin will vary, depending upon the quality of the [...]...
93. 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....
94. Limited Company Limitada (ltda.) in International Trade Meaning of Limitada (ltda.), according to the Dictionary of International Trade (Global Negotiator): In Brazil and Portugal, designation for a private limited liability corporation with limited liability to shareholders....
95. Miga Miga Miga in International Trade Meaning of Miga, according to the Dictionary of International Trade (Global Negotiator): The Multilateral Investment Guarantee Agency (MIGA) is a financial institution that belong to the World Bank Group and provides political risk coinsurance and reinsurance [...]...
96. Non-disclosure Agreement Non-disclosure Agreement in International Trade Meaning of NDA (Non-disclosure Agreement), according to the Dictionary of International Trade (Global Negotiator): Type of legal contract between at least two parties that outlines confidential material, knowledge, or information that the parties [...]...
97. Websites International Trade Websites Meaning of International Trade Websites, according to the Dictionary of International Trade (Global Negotiator): Internet is the main tool to obtain information on foreign markets. There is a huge amount of information online including: international trade [...]...
98. Trims TRIMS and International Trade Resources See Also trade related investment measures...
99. Clauses Sue & Labor Clause in International Trade Meaning of Sue & Labor Clause, according to the Dictionary of International Trade (Global Negotiator): A provision in marine insurance obligating the assured to do things necessary after a loss to prevent further loss and to act in the best interests [...]...
100. Flag Carrier Flag Carrier in International Trade Meaning of Flag Carrier, according to the Dictionary of International Trade (Global Negotiator): A vessel registered under the flag of a particular country. Some counties support their merchant marine industry by limiting certain types of cargo to vessel [...]...
101. Dangerous Goods Declaration Dangerous Goods Declaration in International Trade Meaning of Dangerous Goods Declaration, according to the Dictionary of International Trade (Global Negotiator): Shippers of dangerous goods are required to declare them to carriers per the International Air Transport Association (IATA) and the [...]...
102. 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 [...]...
103. Campaign Director Campaign Director in Election Law Person who supervises the development of a campaign strategy and day-to-day activities. Resources See Also Election Law Electoral Laws Electoral Legislation ...
104. Director's Liability Director's Liability in Private International Law This section contain conflict of laws information and cross references related to director's liability on some major countries and additional jurisdictions. It covers key issues involved when citizens face international situations. [...]...
105. Worker Director Resources See Also Trade Unionism Trade Union Chartism Trade Union Legislation Labor Dispute...
106. Consent to Act as Director Sample ContentsConsent to Act as Director SampleConsent letter of director to act as director of the CompanyIn IndiaConsent to Act as ... Read more...
107. Manifest A document listing all the cargo stowed aboard a vessel, usually broken down by port of unloading. The manifest is an abstract of the individual bills of lading issued for each consignment and is customarily provided to customs authorities for inspection upon landing.......
108. Margin A cost calculation performed in association with vessel operations that allows for potential cost overruns, e.g., lost days due to adverse weather. A margin of 5 percent is common per voyage.......
109. Mate's Receipt A document issued by a ship's officer acknowledging receipt of a specific quantity of cargo. A mate's receipt is usually issued only in conjunction with a vessel charter.......
110. Madrid Agreement Madrid Agreement and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Madrid Agreement: Formal name is the Madrid Agreement Concerning the International Registration of Marks. An [...]...
111. Main Carriage Main Carriage in International Trade Meaning of Main Carriage, according to the Dictionary of International Trade (Global Negotiator): International transportation, as from the departure point on the seller's side to the arrival point o the buyer's side....
112. Maintenance Maintenance in International Trade Meaning of Maintenance, according to the Dictionary of International Trade (Global Negotiator): The work of keeping something in proper condition, care or upkeep including: taking steps to avoid something breaking down (preventative maintenance) and bringing [...]...
113. Manufacturing License Agreement Manufacturing License Agreement in International Trade Meaning of Manufacturing License Agreement, according to the Dictionary of International Trade (Global Negotiator): This type of contract establishes a relationship between two companies, Licensor and Licensee, whereby the Licensor grants [...]...
114. Marine Bill of Lading Marine Bill of Lading in International Trade Meaning of Marine Bill of Lading (B/L), according to the Dictionary of International Trade (Global Negotiator): A receipt for the cargo and a contract for transportation between a shipper and the ocean carrier. It may also be used as instrument of [...]...
115. Marine Cargo Insurance Marine Cargo Insurance in International Trade Meaning of Marine Cargo Insurance, according to the Dictionary of International Trade (Global Negotiator): Insurance covering loss of, or damage to, goods at sea. Marine insurance typically compensates the owner of merchandise for losses in excess [...]...
116. Market Access Data Base Market Access Data Base in International Trade Meaning of Market Access Data Base, according to the Dictionary of International Trade (Global Negotiator): Database of the European Union with comprehensive information about tariffs in all countries of the world to European products and [...]...
117. Market Risk Market Risk in International Trade Meaning of Market Risk, according to the Dictionary of International Trade (Global Negotiator): The possibility that results at the time a product is delivered may differ from expectations held at a time it was ordered. For instance, the market price may have [...]...
118. Marks Marks in International Trade Meaning of Marks, according to the Dictionary of International Trade (Global Negotiator): Information placed on outer surface of shipping containers or packages such as address labels, identifying numbers. box specifications, caution, or directional warnings....
119. Markup Pricing Markup Pricing in International Trade Meaning of Markup Pricing, according to the Dictionary of International Trade (Global Negotiator): Markup pricing refers to the difference between the cost to produce and market an item for sale, and the retail price that is charged for that item. [...]...
120. Master Air Waybill Master Air Waybill (MAWB) in International Trade Meaning of Master Air Waybill (mawb), according to the Dictionary of International Trade (Global Negotiator): An air transport document issued by an undercarrier. This is the opposite of a house air waybill, which is issued by a carrier other [...]...