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

Tariff quotas

Application of a higher tariff rate to imported goods after a specified quantity of the product has entered the country at a lower prevailing rate. See quota.

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Tax haven

A country, state or territory that offers foreign individuals and businesses little or no tax liability in a politically and economically stable environment. Tax havens also provide little or no financial information to foreign tax authorities. Individuals and businesses that…

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Technical specifications

Buying requirements that sets out the engineering requirements of a product or system to be purchased – e.g. functional, mechanical, operational, and quality and performance requirements.

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Technology transfer

The movement of scientific methods of production or distribution from one enterprise, institution or country to another, as through foreign investment, international trade, licensing of patents rights, technical assistance or training. The process to commercially exploit research varies widely. It…

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Technology Transfer Agreement

This contract is used when a company (Licensor) assigns or licenses to another (Licensee) registered industrial and intellectual property rights (patents, utility models, trademarks, copyright etc.) as well as technical assistance and know-how. In the first case, knowledge and exclusive…

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