free-trade zone
51foreign trade zone — Areas within the United States, but outside the customs zone, where foreign merchandise may be brought without formal customs entry and payment of duty for virtually any legal purpose including storage, grading, sampling, cleaning, or packaging.… …
52foreign-trade zone — /fawr in trayd , for /. See free port (def. 1). * * * …
53foreign trade zone — See free port …
54foreign-trade zone — noun : an isolated policed area adjacent to a port of entry (as a seaport or airport) where foreign goods may be unloaded for immediate transshipment or stored, repacked, sorted, mixed, or otherwise manipulated without being subject to import… …
55Free port — A free port (porto franco) or free zone (US: Foreign Trade Zone) is a port or area with relaxed jurisdiction with respect to the country of location. Free economic zones may also be called free ports. Most commonly a free port is a special… …
56zone — ▪ I. zone zone 1 [zəʊn ǁ zoʊn] noun 1. [countable] a large area that is different from others around it in some way: • This is a no parking zone. • 90% of non smokers want smoke free zones at work and in public places. 2. licence free/passport… …
57free port — noun 1. an area adjoining a port where goods that are intended for reshipment can be received and stored without payment of duties • Syn: ↑free zone • Hypernyms: ↑area, ↑country 2. a port open on equal terms to all commercial vessels • Hypernyms …
58trade — tradable, tradeable, adj. tradeless, adj. /trayd/, n., v., traded, trading, adj. n. 1. the act or process of buying, selling, or exchanging commodities, at either wholesale or retail, within a country or between countries: domestic trade; foreign …
59free — freeness, n. /free/, adj., freer, freest, adv., v., freed, freeing. adj. 1. enjoying personal rights or liberty, as a person who is not in slavery: a land of free people. 2. pertaining to or reserved for those who enjoy personal liberty: They… …
60free port — 1. a port or special section of a port where goods may be unloaded, stored, and shipped without payment of customs duties. 2. a port open under equal conditions to all traders. [1705 15] * * * area within which goods may be landed, handled …
