international trade



1) A harmonious agreement, especially between countries.

2) An offer to substitute a different obligation for one that was previously owed, plus the acceptance of that offer. Either of the parties involved can propose an accord. If...

Antitrust Violations

Violations of laws designed to protect trade and commerce from abusive practices such as price-fixing, restraints, price discrimination, and monopolization. The principal federal antitrust laws are the Sherman Act (15 U.S.C. §§ 1-7) and the Clayton Act...

Bilateral investment treaty

Bilateral investment treaties (or, BITs) are international agreements establishing the terms and conditions for private investment by nationals and companies of one state in another state.

The first generation of these treaties were Friendship,...

Bill of lading

Document used in foreign trade, which acknowledges that a company has received goods for transportation.

Court of International Trade

A U.S. federal court that provides judicial review of civil actions arising out of import transactions and federal laws concerning international trade matters. Formerly called the U.S. Customs Court.

Definition provided by Nolo’s Plain-English Law...

Customs Court

Definition from Nolo’s Plain-English Law DictionarySee: Court of International Trade

Definition provided by Nolo’s Plain-English Law Dictionary.

Deemed Export License

In United States export control law, a "deemed export" refers to technology or related computer language (source code) that is exported. An item is considered "exported" when the technology or source code is transferred to a foreign national within...

Denied Persons List

The Denied Persons List is a list of people and companies whose export privileges have been denied by the Department of Commerce’s Bureau of Industry and Security (BIS). An American company or individual may not participate in an export transaction...

Export License

See Deemed Export License.