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FrançaisCommodity 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.
Read MoreCapital account
The long and short capital imports and exports of a country in the balance of payment.
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