In international trade a revocable privilege granted by a government for activities that would otherwise be illegal, such as an import licence.
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A contractual arrangement in which the licensor´s patents, trademarks, service marks, copyrights or know-how may be sold or otherwise made available to a licensee for compensation negotiated in advance between the parties. Such compensation may consist of a lump sum…
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In international trade, referring to a freight charge which includes the cost of loading in the port of departure but does not include unloading costs in the port of destination.
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