In international marketing forms of entry strategies, having an office, branch, or subsidiary in a foreign country.
Read MoreCommercial risk
The possibility of non-payment caused by such buyer-related problems as insolvency or bankruptcy, as opposed to problems encountered by the buyer´s country. See also country risk.
Read MoreCommercial 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.
Read MoreCommercial treaty
An agreement between two or more countries setting forth conditions under which business between or among the countries may be transacted. It may outline tariff privileges, terms on which property may be owned, the manner in which claims may be…
Read MoreCommercial value
The actual price at which a product is sold either to unrelated parties or to related parties at arm´s length. This is the opposite of no commercial value, a statement that should be shown on invoices covering shipments of samples…
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