Commercial invoice

The document recording a transaction between the seller and the buyer. Commercial invoices are normally prepared by sellers, and should include the following information: Date, names, and commercial addresses of the seller and the buyer. Precise denomination and quantity of…

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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 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.

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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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Commercial 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…

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