free port

  

Definition

Free trade zone encompassing an entire port area such as Hong Kong, Isla Margarita, Panama, and Singapore, where imported merchandise may be stored duty-free pending re-export or duty-paid entry into the importing country.

News containing the term free port

Loading...



http://www.businessdictionary.com/definition/free-port.html


Enter your email address to get our free Term of the Day newsletter!

Nearby Terms

Popular 'Banking, Commerce, Credit, & Finance' Terms

Search volume for free port

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