Common Market
The European Economic Community. • Common Market is a colloquial term — not a formal designation. See EUROPEAN UNION.
The European Economic Community. • Common Market is a colloquial term — not a formal designation. See EUROPEAN UNION.
common market 共同市场 1两个或两个以上的国家缔结条约成立的市场区域。共同市场要求成员国之间不但实行关税同盟的重要内容,还要达到资本、劳动力及人员在缔约国市场间自由流动,实现各生产要素市场的结合。是国际区域经济一体化程度较高阶段;2〔C- M-〕欧洲经济共同体〔E.E.C.〕的通称。
common market. See MARKET. Common Market. The European Economic Community. • Common Market is a colloquial term — not a formal designation. See EUROPEAN UNION.
An economic association formed by several nations to reduce or eliminate trade barriers among them, and to establish uniform trade barriers against nonmembers; esp. (usu. cap.), EUROPEAN UNION.
Convention for the European Patent for the Common Market. See COMMUNITY PATENT CONVENTION.
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A tariff rate that members of a customs union, common market, or economic union uniformly apply to imports from nonmember nations. — Abbr. CXT. — Also termed tariff exterior commun (TEC).
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Community Patent Convention. A 1975 treaty that, for patent purposes, treats the European Union as a single state and allows a patent applicant to obtain patent protection in all European Union nations through a single blanket filing and examination procedure. • If the application is approved, the European Patent Office issues a single Community patent.
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Int’l law. The principle that once the owner of an intellectual-property right has placed a product covered by that right into the marketplace, the right to control how the product is resold within that internal market is lost. • Within a common market, such as the European Union, the doctrine also applies to the import
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earnings per share. Corporations. A measure of corporate value by which the corporation’s net income is divided by the number of outstanding shares of common stock. • Investors benefit from calculating a corporation’s earnings per share, because it helps the investor determine the fair market value of the corporation’s stock. — Abbr. EPS. fully diluted
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dividend-reinvestment plan. A stock-purchase program that allows investors to reinvest their dividends, and perhaps convert additional voluntary payments, into shares of the entity’s common stock, usu. with no sales charge, and sometimes at a discount from the stock’s market price. • Although the investor never receives the cash, it is still treated as income to
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