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University of Michigan
Industry: Education
Number of terms: 31274
Number of blossaries: 0
Company Profile:
1. The reliable availability of a sufficient quantity and quality of nutritious food for a population. 2. As used by some NGOs, the term also requires that localities or regions be self sufficient, in apparent ignorance of the impossibility of combining this with the first definition.
Industry:Economy
A factor that can move easily across national borders, in contrast to one that, due to inclination or constraints, cannot. Footloose factors are sometimes thought to have an advantage in a globalized economy.
Industry:Economy
Acquisition or construction of physical capital by a firm from one (source) country in another (host) country. The term sometimes refers to the flow per unit time, sometimes to the accumulated stock.
Industry:Economy
An area within a country where imported goods can be stored or processed without being subject to import duty. Also called a "free zone," "free port," or "bonded warehouse. "
Industry:Economy
A procedure for organizing multilateral trade negotiations using a formula for tariff reductions as a starting point.
Industry:Economy
A binding commitment to buy or sell currency on a forward market.
Industry:Economy
Acquisition by a firm of a larger part of its distribution chain, moving it closer to selling directly to its ultimate customers.
Industry:Economy
A market for exchange of currencies in the future. Participants in a forward market enter into a contract to exchange currencies, not today, but at a specified date in the future, typically 30, 60, or 90 days from now, and at a price (forward exchange rate) that is agreed upon today.
Industry:Economy
Also called the forward exchange rate, this is the exchange rate on a forward market transaction.
Industry:Economy
A term, abbreviated FCA, denoting that a good for export to a buyer is to be delivered to a carrier specified by the buyer.
Industry:Economy
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