Commercial agency

A relationship between one individual or legal entity (the agent) who represents, acts on behalf of, and binds another individual or legal entity (the principal) in accordance with the principal´s request or instructions. In some countries, the role of commercial…

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Commercial counsellor

The commercial expert on the diplomatic staff of a country´s embassy or large consulate. Also called commercial attaché.

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Commercial counterfeiting

The production or marketing of goods with the intent of defrauding the purchase by falsely conveying directly or indirectly, that the goods are produced by a known or reputable manufacturer.

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Commercial presence

In international marketing forms of entry strategies, having an office, branch, or subsidiary in a foreign country.

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Commercial sensitive information

Information that, if disclosed, could prejudice a supplier’s commercial interests e.g. trade secrets, profit margins or new ideas. This type of information is protected through Confidentiality Agreements.

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