LAWIN

Tag: International Commercial Law

  • Lighterage

    A charge imposed for the transfer of cargo from vessel to shore and vice versa by means of lighters….

  • Conventional Duty

    A customs duty, or rate of duty, arising out of a treaty or other international agreement, as contrasted with an autonomous duty unilaterally imposed by a government absent of any international agreement….

  • Trigger Price Mechanism

    A program of import surveillance instituted by the U.S. government in 1977. Under this scheme, a floor price is established for designated import items; this floor is predicated upon the production cost of the most efficient foreign producer, with adjustments for freight and currency […]

  • Effective Rate of Protection

    The net protection afforded by a nation's tariff system to any given domestic product. For example, the higher the rate of duty, the greater the protection against foreign imports; conversely, as rates are increased on raw materials or production inputs, the costs of domestic production are […]

  • Invisibles

    Synonymous with Invisible Exports And Imports (read this and related legal terms for further details)….

  • Consignor

    The person or firm shown as shipper on the BILL OF LADING (read this and related legal terms for further details)….

  • Trade Union Act

    Trade union act in the International Trade Union Rights Area Definition of Trade union act provided by ITUC-CSI-IGB: Resources Trade Union Topics Trade Union Act Trades Union Congress (TUC) Trade Union Density Definition of Trade Union Socialist Coalition Socialist Party Legislative Power […]

  • Trade Unions in Europe

    Trade unions in europe in the International Trade Union Rights Area Definition of Trade unions in europe provided by ITUC-CSI-IGB: Resources Trade Union Topics Trade Union Act Trades Union Congress (TUC) Trade Union Density Definition of Trade Union Socialist Coalition Socialist Party […]

  • Exchequer

    The British ministry of finance….

  • Hire

    The revenue earned by a vessel under charter….

  • Trades Union Congress

    Trades union congress (tuc) in the International Trade Union Rights Area Definition of Trades union congress (tuc) provided by ITUC-CSI-IGB: Resources Trade Union Topics Trade Union Act Trades Union Congress (TUC) Trade Union Density Definition of Trade Union Socialist Coalition Socialist […]

  • Law Merchant

    A body of customary law arising from mercantile practices and usages over centuries. Many of the practices have origins in Roman, or even pre-Roman, times. During the Middle Ages merchants, courts, or guilds employed locally recognized commercial rules to resolve disputes. Significant […]

  • Foreign Currency Transaction

    For accounting purposes, a transaction stated in terms of a currency other than the firm's functional currency. The purchase or sale of goods priced in terms of a foreign currency and the lending or borrowing of foreign funds represent such transactions….

  • Usury

    A rate of interest in excess of that permitted by law. Usury may negate repayment of the excessive interest, or even the principal. In many jurisdictions usury statutes do not apply to corporate borrowings. …

  • Warrant

    A warehouse receipt (read this and related legal terms for further details) containing Trust Receipt ("http://lawin.org/list-of-international-trade-law-terms/">read this and related legal terms for furt…