Commodity stockpiles managed in such a way as to moderate price fluctuations. Goods may be sold from a stockpile when prices reach or approach predetermined ceiling prices, and they may be purchased for the stockpile when prices reach or approach…
Read MoreBuild-Operate-Transfer (BOT)
The construction and the operation of a manufacturing or services facility in a foreign country for a set period of time after it is handed over to a local government authority for a nominal fee. BOT is usually used as…
Read MoreBusiness Sale Non-Disclosure Agreement (NDA)
This Agreement is used to protect a company’s confidential information when a third party is interested in purchasing either the entire issued share capital or the assets of the company. The Agreement protects the goodwill of the business, and the…
Read MoreBuy-back (compensation)
A form of countertrade whereby exporter of heavy equipment, technology or even entire manufacturing facilities agree to purchase a certain percentage of the output of the new facility once it is in production. Also called compensation trade. See countertrade.
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