free port
A port located outside a country’s customs frontier, so that goods may be delivered usu. free of import duties or taxes, without being subjected to customs-control procedures; FREE-TRADE ZONE.
Search Results for: free port
free of claim for accident reported
free of claim for accident reported 已报告事故免责 指订立契约时，当事人双方同意做出保险人不为某些已报告事故负责的规定。但当事人在不知情的情况下，在保险有效期内发生的损失，保险人仍予赔偿。
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duty free
duty-free, adj. Of or relating to products of foreign origin that are not subject to import or export taxes.
free on board
free on board. A mercantile-contract term allocating the rights and duties of the buyer and the seller of goods with respect to delivery, payment, and risk of loss, whereby the seller must clear the goods for export, and the buyer must arrange for transportation. • The seller’s delivery is complete (and the risk of loss
free and equal
free and equal, adj. (Of an election) conducted so that the electorate has a reasonable opportunity to vote, with each vote given the same effect. [Cases: Elections 1. C.J.S. Elections §§ 1(1, 10), 2.]
freedom of contract
freedom of contract. The doctrine that people have the right to bind themselves legally; a judicial concept that contracts are based on mutual agreement and free choice, and thus should not be hampered by external control such as governmental interference. • This is the principle that people are able to fashion their relations by private
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free alongside ship
free alongside ship. A mercantile-contract term allocating the rights and duties of the buyer and the seller of goods with respect to delivery, payment, and risk of loss, whereby the seller must clear the goods for export, and deliver the goods to the wharf beside the buyer’s chosen vessel. • The seller’s delivery is complete
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free on board
A mercantile-contract term allocating the rights and duties of the buyer and the seller of goods with respect to delivery, payment, and risk of loss, whereby the seller must clear the goods for export, and the buyer must arrange for transportation. • The seller’s delivery is complete (and the risk of loss passes to the
free trade
free trade, n. The open and unrestricted import and export of goods without barriers, such as quotas or tariffs, other than those charged only as a revenue source, as opposed to those designed to protect domestic businesses. Cf. protective tariff under TARIFF(2).