Related Entries of the International Encyclopedia:

1. 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 [...]...
2. Principal Principal in International Trade Meaning of Principal, according to the Dictionary of International Trade (Global Negotiator): 1. In international contracts, an individual or legal entity who authorizes another party (agent, sales representative) to act on the principal's behalf. 2. In [...]...
3. 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 [...]...
4. Commercial Agency Commercial Agency in International Trade Meaning of Commercial Agency, according to the Dictionary of International Trade (Global Negotiator): A relationship between one individual or legal entity (the agent) who represents, acts on behalf of, and binds another individual or legal entity (the [...]...
5. Distributor Distributor in International Trade Meaning of Distributor, according to the Dictionary of International Trade (Global Negotiator): An independent person or legal entity that sell goods locally on behalf of a principal. Distributors can be distinguished from agents as distributors buy the goods [...]...
6. 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 [...]...
7. Intermediary Intermediary in International Trade Meaning of Intermediary, according to the Dictionary of International Trade (Global Negotiator): In international trade, an individual or firm that brings together buyers and sellers for a fee without taking part in actual sales transactions. Due to the [...]...
8. 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 [...]...
9. Confirming House A commercial institution engaged in nonrecourse financing of foreign trade. The confirming house may confirm a foreign buyer's order, acting as guarantor of payment to the seller; in some cases, the confirming house may actually take title to the goods as agent for the foreign purchaser, [...]...
10. Del Credere Del Credere in International Trade Meaning of Del Credere, according to the Dictionary of International Trade (Global Negotiator): As relates to international commercial agency relationships, a del credere agent is one who guarantees the ability to pay prospective clients he or she has brought [...]...
11. 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 [...]...
12. 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 [...]...
13. Without Reserve Without Reserve in International Trade Meaning of Without Reserve, according to the Dictionary of International Trade (Global Negotiator): A term indicating that an agent or representative is empowered to make definite decisions and adjustments without the approval of the principal [...]...
14. Attomey-in-fact Definition of Attomey-in-fact in International Trade The following is a concept of Attomey-in-fact in the context of international trade law, from the Dictionary of International Trade (Global Negotiator): A person authorized to transact business generally or to perform a designated task of a [...]...
15. Fiata Bill of Lading (FBL) Fiata Bill of Lading in International Trade Meaning of FBL (Fiata Bill of Lading), according to the Dictionary of International Trade (Global Negotiator): The FIATA Bill of Lading serves as a shipping contract and a proof that the goods have been carried with the use of more than one [...]...
16. Trading Company A firm engaged in the purchase, distribution, and marketing of products in international trade. Generally, the trading company deals with products of unrelated firms as well as the manufacturers of joint ventures in which it is involved.......
17. Broker Broker in International Trade Meaning of Broker, according to the Dictionary of International Trade (Global Negotiator): An individual or firm that acts as an intermediary, often between a buyer and seller, usually for a commission. Related to international trade services there are three [...]...
18. 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 [...]...
19. Managing Director Managing Director in International Trade Meaning of Managing Director, according to the Dictionary of International Trade (Global Negotiator): A managing director is someone who is responsible for the daily operations of a company, organization, or corporate division. In some countries, the [...]...
20. Middleman Middleman in International Trade Meaning of Middleman, according to the Dictionary of International Trade (Global Negotiator): An intermediary acting as an agent or dealer between buyers and sellers. In international trade, a middleman usually charges a commission as percentage of the sales [...]...
21. Forfaiting A means of financing trade based upon the transfer of debt obligations arising from the sale of goods and services, usually exports. The merchant sells to the forfaiter, without recourse, the debt obligation of the foreign purchaser, usually in the form of a trade bill of exchange or promissory [...]...
22. Importer In the United States For information about Importer in the context of international trade, click here...
23. On-board Notation On-board Notation in International Trade Meaning of On-board Notation, according to the Dictionary of International Trade (Global Negotiator): Loading information shown on on-board B/Ls. The on-board notation should slow the date that the goods were actually loaded, and should be initialed by [...]...
24. Delivery Order Written instructions issued by the owner of goods or his authorized agent to the holder of such goods directing that the merchandise be released or shipped to a specified party.......
25. CMR Transport Document CMR Transport Document in International Trade Meaning of Cmr Transport Document, according to the Dictionary of International Trade (Global Negotiator): This document, also know as CMR consignment note, constitutes a proof of the contract of carriage by road, determines the scope and [...]...
26. Dangerous Goods Dangerous Goods in International Trade Meaning of Dangerous Goods, according to the Dictionary of International Trade (Global Negotiator): Articles or substances which are capable of posing a significant risk to health, safety, o property when transported by air and which are classified [...]...
27. 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 [...]...
28. Certificate of Manufacture A document issued by a manufacturer attesting that the named item has been manufactured and is available for shipment. This document is used commonly with sales under letters of credit providing for full or partial payment upon manufacture of the goods. In 1942 the Bankers' Association for [...]...
29. General Conditions of International Sale General Conditions of International Sale in International Trade Meaning of General Conditions of International Sale, according to the Dictionary of International Trade (Global Negotiator): It is a document that details the general conditions that a seller (exporter) offers to a buyer [...]...
30. 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 [...]...
31. 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 [...]...
32. Spot Rate Spot Rate in International Trade Meaning of Spot Rate, according to the Dictionary of International Trade (Global Negotiator): Rate of exchange quoted for purchases and sales of a foreign currency for immediate delivery and payment....
33. 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 [...]...
34. 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 [...]...
35. Vat Vat Vat in International Trade Meaning of Vat, according to the Dictionary of International Trade (Global Negotiator): The Value Added Tax is a tax assessed on the increased value of goods as they pass from raw material stage through the production and distribution processes to final [...]...
36. Power of Attorney Introduction to Power of Attorney Power of Attorney, in law, written document, certified by a notary public, designating a person or party as an agent empowered to act for another person (principal) in a legal capacity. A general power of attorney authorizes the named agent to act on behalf ......
37. Consignee The person or firm to whom goods are shipped under a bill of lading (read this and related legal terms for further details) and so named in the bill.......
38. Counterpurchase A form of countertrade (read this and related legal terms for further details) in which two parties agree to purchase specified quantities of merchandise from each other at a fixed price. The effect is that each party si......
39. 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 [...]...
40. 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 [...]...
41. Consolidated Shipment Consolidated Shipment in International Trade Meaning of Consolidated Shipment, according to the Dictionary of International Trade (Global Negotiator): A method of shipping whereby an agent (freight forwarder or consolidator) combines individual consignments from various shippers into one [...]...
42. Counterfeit Counterfeit in International Trade Meaning of Counterfeit, according to the Dictionary of International Trade (Global Negotiator): Unauthorized representation of a registered trademark carried on goods identical or similar to goods for which the trademark is registered, with a view to [...]...
43. Customs Broker Customs Broker in International Trade Meaning of Customs Broker, according to the Dictionary of International Trade (Global Negotiator): Licensed agent or broker (licensing may not be required in all countries) whose function is to handle the process of clearing goods through customs for importers....
44. Direct Tax Direct Tax in International Trade Meaning of Direct Tax, according to the Dictionary of International Trade (Global Negotiator): A tax that is levied on wealth or income. See also excise tax; indirect tax; sales tax....
45. 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 [...]...
46. Nvocc Nvocc in International Trade Meaning of Nvocc, according to the Dictionary of International Trade (Global Negotiator): Non-vessel-operating common carrier is company providing point-to-point international transport of goods although it does not necessarily operate or own transport vehicles or [...]...
47. Trade Name Trade Name in International Trade Meaning of Trade Name, according to the Dictionary of International Trade (Global Negotiator): The name under which an organization conduct business, or by which the business or its goods or services are identified. it may or may not be registered as a trademark....
48. Sales Tax Other Popular Tax Definitions in the World Legal Encyclopedia Adjusted Gross Income (sometimes, including Sales Tax) Ad Valorem Tax (sometimes, including Sales Tax) Alternative Minimum Tax (sometimes, including Sales Tax) Big Four (audit firms) (sometimes, including Sales Tax) Black Market [...]...
49. Sales Representative Sales Representative in International Trade Meaning of Sales Representative, according to the Dictionary of International Trade (Global Negotiator): An individual or firm that serves as the foreign representative of a domestic supplier and seeks sales abroad for the supplier. The [...]...
50. Sales of Services Sales of Goods and Services......
51. Sales Worker Resources See Also Further Reading Information related to sales worker in the Max Planck Encyclopedia of International Law(MPEPIL), Germany, United Kingdom...
52. Sales Resources See Also Price Policy Price Control Pricing Strategy Dumping...
53. Sales Promotion Resources See Also Price Policy Price Control Pricing Strategy Dumping...
54. Sales Workers Resources See Also Worker Employee Benefits Employ Employment White Collar Worker Blue Collar Worker Labor Right Employee...
55. Sales Finance Documents Sales Finance Documents in relation with Equipment Leasing This content deals with legal and regulatory aspects of Sales Finance Documents covered in connexion with Equipment Leasing and banking / lending Institutions....
56. Steamship Agent Steamship Agent in International Trade Meaning of Steamship Agent, according to the Dictionary of International Trade (Global Negotiator): A duly appointed and authorized representative in a specified territory acting on behalf of a steamship line or lines and attending to all matters relating [...]...
57. Gross Sales Gross Sales in International Trade Meaning of Gross Sales, according to the Dictionary of International Trade (Global Negotiator): The total amount received or receivable for goods sold, before any allowances for returned goods or sales discounts....
58. International Sales Contract International Sales Contract in International Trade Meaning of International Sales Contract, according to the Dictionary of International Trade (Global Negotiator): An agreement between a seller and a buyer for the sale of goods. The contract should, at a minimum, identify the seller and [...]...
59. Buying Agent Buying Agent in International Trade Meaning of Buying Agent, according to the Dictionary of International Trade (Global Negotiator): An agent who purchases goods on behalf of foreign buyers. The buying agent represents and buy a specific kind of products within a specific territory, which can [...]...
60. Cargo Agent Cargo Agent in International Trade Meaning of Cargo Agent, according to the Dictionary of International Trade (Global Negotiator): An agent appointed by an airline or shipping line to solicit and process international air and ocean freight for shipment. Cargo agents are paid commissions by the [...]...
61. Commission Agent Commission Agent in International Trade Meaning of Commission Agent, according to the Dictionary of International Trade (Global Negotiator): An international agent who is paid a percentage of the sales he or she generates. The Agent offers products to potential clients in an assigned territory [...]...
62. Purchasing Agent Purchasing Agent in International Trade Meaning of Purchasing Agent, according to the Dictionary of International Trade (Global Negotiator): An agent that purchases goods in his/her own country on behalf of foreign purchasers that are his/her clients. The purchasing agent represents and buys a [...]...
63. Soliciting Agent Description of Soliciting Agent In this reference work, soliciting agent is a sort of the Insurance category. Resources See Also Insurance Corporations Insurance...
64. Selling Agent Description of Selling Agent Resources See Also Listing Agent Brokers...
65. Statutory Agent Description of Statutory Agent Resources See Also Corporations...
66. Stock-transfer Agent Description of Stock-transfer Agent Resources See Also Corporations...
67. Internet Sales Internet Sales in Electronic Commerce Internet Sales in the Online Business Law Resources See Also PPC Advertising Social Networking Online Business Law Internet Law Spam Startups Internet Tax Crossborder Commerce Technology Law Terms of Use ...
68. Sales Contract The Contract of Sale Explained References See Also Property (in international or comparative law)...
69. Sales Law ContentsSales LawComparative Sales LawComparative Law and the Development of Uniform Sales LawThe UN Convention on Contracts for the International Sale ... Read more...
70. Online Sales Tax Online Sales Tax Online Sales Tax in the United States In the case “South Dakota v. Wayfair,” No. 17-494, Justice ... Read more...
71. US Zip Codes of Sales Tax tags Zip Code Sales Tax Calculator – Parts Inventory Taxibility – 2011 Tax Rates – Colorado Sales Tax Rates – West ... Read more...
72. Foreign Sales Corporation Act A component of the Tax Reform Act of 1984, which permits formation of Foreign Sales Corporations (FSC, pronounced "fisk") as a tax incentive to American exporters, and revises tax treatment of income earned by Domestic International Sales Corporations (...
73. Open Account Sales A form of trade credit in which the seller allows the buyer to postpone payment for a stipulated period, usually thirty to ninety days, without payment of interest. Payment of the account ahead of schedule may earn the buyer a cash discount.......
74. 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 [...]...
75. Frigaliment Importing Co. v. B.N.S. International Sales ContentsFrigaliment Importing Co. v. B.N.S. International Sales Corp.ConclusionNotesSee AlsoReferences and Further ReadingAbout the Author/s and Reviewer/s Frigaliment Importing Co. v. ... Read more...
76. Domestic International Sales Corporation Commonly known by the acronym DISC, a U.S.-chartered corporation, qualified with the Internal Revenue Service, that derives virtually all of its income from export sales and export-related activities. A properly qualified DISC was permitted to defer indefinitely tax on a portion of its income. The D......
77. Foreign International Sales Corporation A foreign corporation controlled by a Domestic International Sales Corporation(read this and related legal terms for further details) (DISC) that satisfies the requirements of Section 993 of the Internal Reve......
78. Agent Principal and Agent Introduction to Agent Principal and Agent, in law, voluntary relationship between two parties whereby one, the agent, is authorized by express or implied consent to act on behalf of the other, called the principal. The designated agent can thus affect or conduct the legal [...]...
79. Co-agent Description of Co-agent Resources See Also Agent Resources See Also Common Agent...
80. Del Credere Agent Summary of Del Credere Agent A sales agent who grants credit terms to buyers of the products offered by his principal but, in the process of giving such credit, indemnifies his principal agent against credit default by the customer.(Main Author: William J. Miller) Description of [...]...
81. Husbanding Agent A firm retained by a steamship line in a given port to care for the needs of vessels calling at that port. The husbanding agent may be responsible for providing pilots, refueling, provisions and crew stores, and routine repairs.......
82. Indent Agent A sales agent abroad who markets the products of a foreign supplier on a commission basis.......
83. 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 [...]...
84. Norazi Agent An export/ import middleman who trades in illicit merchandise, such as arms, untaxed liquor, or other contraband; the norazi agent also engages in trade of otherwise legitimate cargoes to countries ordinarily closed to normal commercial channels.......
85. Double Agent Introduction to Double AgentDouble Agent, person pretending to work as a spy for one government while actually working as a spy for a rival government." (1)ResourcesNotes and ReferencesInformation about ...
86. Diplomatic Agent Definition of Diplomatic Agent In accordance with the work A Dictionary of Law, this is a description of Diplomatic Agent : One of a class of state officials who are entrusted with the responsibility for representing their state and its interests and welfare and that of its citizens or [...]...
87. Insurance Agent Spanish Translation of information that the insurance agent must provide to the clientThis is the legal translation of English to Spanish in relation to information that the insurance agent must provide to the client and / or a definition of this topic: Mediador de Seguros (in Spanish, without [...]...
88. Bargaining Agent Bargaining agent in the International Trade Union Rights Area Definition of Bargaining agent provided by ITUC-CSI-IGB: A workers' representative authorised to bargain collectively on behalf of workers in a bargaining unit. See collective bargaining Description of Bargaining Agent Resources [...]...
89. Transfer Agent Bank as Stock Registrar, Transfer Agent, or Dividend Disbursing Agent in relation with Care, Custody and Transfer of Corporate Securities This content deals with legal and regulatory aspects of Transfer Agent covered in connexion with Care, Custody and Transfer of Corporate Securities and [...]...
90. Agent Not Recognized Description of Agent Not Recognized In this reference work, agent not recognized is a sort of the Patents category. Resources See Also Patents...
91. Nonservant Agent Description of Nonservant Agent Resources See Also INDEPENDENT CONTRACTOR Independent Agent; Servant Principal Agent...
92. Common Agent Description of Common Agent Resources See Also Co-Agent...
93. Independent Agent Description of Independent Agent Resources See Also Nonservant Agent...
94. Special Agent Description of Special Agent Resources See Also Insuranceagent Principal Agent...
95. Primary Agent Description of Primary Agent Resources See Also Subagent Principal Agent...
96. Procuring Agent Description of Procuring Agent Resources See Also Controlled Substances...
97. Process Agent Description of Process Agent Resources See Also Corporations Federal Civil Procedure Process...
98. Escrow Agent Description of Escrow Agent Resources See Also Deposits Escrows...
99. Public Agent Description of Public Agent Resources See Also Officers Public Employees...
100. Patent Agent Description of Patent Agent Resources See Also Patents...
101. Private Agent Description of Private Agent Resources See Also Principal Agent...
102. Government Agent Description of Government Agent Resources See Also United States...
103. Change Agent Resources See Also Community Collective Right Society Public Law...
104. Agent/distributor Service An export promotion service to industry offered by the International Trade Administration of the U.S. Department of Commerce. The object of the program is to locate foreign firms to serve as agents and distributors for American products. An American firm interested in using the service submits an ap......
105. Country Controlled Buying Agent A governmental agency or quasi-official corporation that is the sole or primary entity authorized to trade with foreign countries for the purchase of certain goods. Very often the buying agent is also the state monopoly for the sale of such goods within the country.Country controlled buy......
106. Manufacturer's Export Agent Middle man who, on behalf of a domestic manufacturer or trading firm, promotes export sales. The MEA operates under its own name, rather than as a component of the manufacturer's marketing department.......
107. Vice-commercial Agent Description of Vice-commercial Agent In this reference work, vice-commercial agent is a sort of the Legal History, Patents category. Resources See Also Patent Attorney Patents Legal History Patents...
108. Real-estate Agent Description of Real-estate Agent Resources See Also Realtor Brokers...
109. Admission by Employee Or Agent Description of Admission by Employee or Agent Resources See Also Criminal Law Evidence...
110. Adverse-agent Doctrine Description of Adverse-agent Doctrine Resources See Also Principal Agent...
111. Commercial Military Sales In the United States For information about Commercial Military Sales in the context of international trade, click here...
112. Clearing Agent Description of Clearing Agent In this reference work, clearing agent is a sort of the Securities category. Resources See Also Securities Regulation Securities...
113. Listing Agent Description of Listing Agent Resources See Also Selling Agent Brokers...
114. Dual Agent Description of Dual Agent Resources See Also Co-Agent Brokers...
115. Forwarding Agent Description of Forwarding Agent Resources See Also Freight Forwarder Carriers...
116. Innocent Agent Description of Innocent Agent Resources See Also Model Penal Code § 206(A) Criminal Law...
117. Corporate Agent Description of Corporate Agent Resources See Also Corporations...
118. Registered Agent Description of Registered Agent Resources See Also Corporations Federal Civil Procedure Process...
119. General Agent Description of General Agent Resources See Also Insurance Principal Agent...
120. Universal Agent Description of Universal Agent Resources See Also Principal Agent...