A B C D E F G H I K L M N O P Q R S T U V W Z

Accessions

Goods that are affixed to and become part if other goods. Examples includes semiconductors that are inserted into computers, parts that are added onto vehicles, or dials that are used in watches.

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Affiliate company

A Company that is less than 50% owned by a parent company; the parents acts as minority shareholders. More loosely, this term is sometimes used to refer to companies that are related to each other in some way. In recent…

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After-sale service

A collective term for attention to a transaction that normally takes place after the sale (and often after delivery) is accomplished. Typical after sale service functions include: installation, training, warranty-related repair and replacement part support. After-sale service is an extremely…

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Agent

An independent person or legal entity, which acts on behalf of another (“Principal”). In international transactions, this term normally refers to a sales representative who prospects on behalf of a foreign principal, earning a commission on sales eventually concluded between…

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Agio

The extra amount over and above the market price which is paid in counter trade transactions and results from the particular costs of countertrade.

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