Electronic commerce

Commercial activity that takes place by means of computers connected through a network. Electronic commerce can occur between a user and a vendor through the Internet, an online ...

electronic commerce

Insurance; Medicare & Medicaid

The exchange of business information by electronic means.

electronic commerce (e-commerce)

Telecommunications; General telecom

A way of doing real-time business transactions via telecommunications networks, when the customer and the merchant are in different geographical places. Note: Electronic commerce ...

electronic commerce (e-commerce)

Health care; General

The use of computer networks to perform business transactions and to facilitate the delivery of healthcare and non-clinical services to an MCO's members.

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.