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

Due diligence

Investigative research to independently establish the background of a potential partner. Matters investigated typically include financial statements, legal status and any key matters that affect the viability of the partner to follow through on a particular transaction. Openness and access…

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Dumping

The practice of selling a product in a foreign market at an unfairly low price (a price that is lower than the cost in the home market, or which is lower than the cost of production) in order to gain a competitive advantage over other suppliers. Dumping is considered an unfair trade practice under GATT and World Trade Organization agreements. It is regulated by national government through the imposition of anti-dumping duties, in some cases calculated to equal the difference between the product´s price in the importing and the exporting country.

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DUNS number

An international numbering system provided by the American company Duns & Bradstreet for identifying companies.

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Duty

In customs, a tax levied by government on the import, export or consumption of goods. Usually a tax imposed on imports by the customs authority of a country. Duties are generally based on the value of the goods (ad valorem…

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