Spot exchange

Financial market that operates regularly and is organized in accordance with fixed customs and practices, e.g. security, forex, option and commodity exchanges. The key exchanges ...

exchange

Professional careers; Sales

The transfer of an object, idea, service, etc from one person or organisation to another in return for something desired.

United Nations Center for International Trade Law (UNCITRAL)

Economy; International trade

An international body that drafts model laws such as the one on government procurement.

Uruguay Round

Economy; International trade

Multilateral trade negotiations launched at Punta del Este, Uruguay in September 1986 and concluded in Geneva in December 1993. Signed by Ministers in Marrakesh, Morocco, in April ...

variable levy

Economy; International trade

Customs duty rate which varies in response to domestic price criterion.

voluntary restraint arrangement (VRA)

Economy; International trade

Bilateral arrangements whereby an exporting country (government or industry) agrees to reduce or restrict exports without the importing country having to make use of quotas, ...

waiver

Economy; International trade

Permission granted by WTO members allowing a WTO member not to comply with normal commitments. Waivers have time limits and extensions have to be justified.

Washington Treaty

Economy; International trade

Treaty for the protection of intellectual property in respect of lay-out designs of integrated circuits.

Terms in the News

Featured Terms

Harry8L

0
Terms
0
Blossaries
1
Followers

Industry/Domain: People Category: Artists

Axel Scheffler

Axel Scheffler (born 1957) is a German book illustrator best known for illustrating the children's books The Gruffalo and The Gruffalo's Child which ...