Reduction or removal in trade prentices that thwart free flow of services and goods from one country to another.

Co-ordinated visit overseas by business executives to meet prospective buyers or agents.

Arrangement of barter where services and goods can be exchanged for other services and goods.

Agreement between countries seeking an increase in the levels of free trade.

Amount owing by the customer to sellers or suppliers. Can be referred to as accounts payable .

Laws relating to the exchange of services and goods in international trade.

Campaign of marketing aimed at retailers or wholesalers and not the final consumers.

Federal subsidy given by US Department of Labour.

Contact and name details of businesses a firm does business with regularly that is used to verify the firm’s worthiness of credit.

System of non-tariff and tariff barriers aimed to strengthen local producers competitiveness .

International framework of principles, rules, disciplines associated with ownership of intellectual property.

Selling one firm to another firm.

Activity that is promotion related where a product or service is pushed through channels of marketing by encouraging channel members to purchase as well as to promote.

Intellectual property like know how, formulas, processes and confidential information giving the owner a competitive advantage . Unauthorized disclosure will bring harm to the owner.

Large event organized by industry’s trade association annually. See trade fair.

Phrase or word used in a industry or trade with an accepted meaning that is different to its dictionary meaning.

Understanding of a buyer and seller about discounts, payment, delivery, returns and meaning of terminology in transactions and documents of trade. See trade term.

A combination or association of men employed in the same trade, (usually a manual or mechanical trade,) united for the purpose of regulating the customs and standards of their trade, […]

Conflict between nations about trade tariffs imposed on one another.

Waste from a operation or commercial process.

A distinctive mark, motto, device, or emblem, which a manufacturer stamps, prints, or otherwise affixes to the goods he produces, so that they may be identified in the market, and […]

A trade-name Is a name which by user and reputation has acquired the property of indicating that a certain trade or occupation is carried on by a particular person. The […]

Options that are transferable and are listed and traded through a recognized exchange.

This term is given to a recognisable name , marking or term that a company can by law use to identify itself and its products. See infringement of trademark .

The distinctive design, logo, graphics, words and symbols used to identify a product or service that guarantees the genuineness of the item.