Terms used in trade such as Expedited Charge,Expert System ,Export / Exportation,Export Broker,Export Factoring,Export Restraints etc


Terms used in business such as Expedited Charge,Expert System ,Export / Exportation,Export Broker,Export Factoring,Export Restraints etc.


This post explains about terms used in business such as Exemption clauses ,Exit Strategy,Expedited Charge,Expert System ,Export / Exportation,Export Broker,Export Factoring,Export Restraints,Export Subsidies etc. These terms used in international business are arranged in alphabetical order and you may add more information about terms used in export business at the end of this article, if you wish.


Terms used in business


Executive Director - Also called Internal Director. A person who usually works as a full-time senior employee for a company, and is responsible for the day to day running of the business, and is often a member of the company's board of directors.


Exemption clauses - clauses in a contract that attempt to restrict the liability of the party that writes them. These are split into exclusion clauses that try to exclude liability completely for specified outcomes, and limitation clauses that try to set a maximum on the amount of damages the party may have to pay if there is a failure of some part of the contract.


Ex-Im Bank: The Export-Import Bank of the United States (Ex-Im Bank) is the official export credit agency of the United States. Ex-Im Bank’s mission is to assist in financing the export of US goods and services to international markets. Ex-Im Bank enables US companies — large and small — to turn export opportunities into real sales that helps to maintain and create US jobs and contribute to a stronger national economy.Ex-Im Bank does not compete with private sector lenders but provides export financing products that fill gaps in trade financing. We assume credit and country risks that the private sector is unable or unwilling to accept. We also help to level the playing field for US exporters by matching the financing that other governments provide to their exporters. Ex-Im Bank provides working capital guarantees (pre-export financing); export credit insurance; and loan guarantees and direct loans (buyer financing). No transaction is too large or too small. On average, 85% of Ex-Im Banks transactions directly benefit US small businesses.


Terms used in trade such as Expedited Charge,Expert System ,Export Exportation,Export Broker,Export FactoExit Strategy - Also called Harvest Strategy. A plan by an investor to dispose of an investment, such as shares in a company, to make a profit, or a business owner to dispose of their company, e.g., by selling the business, floating it on the stock market, ceasing to trade, handing it over to another family member, etc.


Expatriate Manager - A national of one country appointed to a management position in another country.


Expectancy Theory - A theory of motivation developed by Canadian Victor Vroom, Yale professor of management and psychology, established in his 1964 book, Work and Motivation, which essentially states that motivation necessarily comprises and is determined by three elements of belief: Effort will produce success,Success will produce reward,These outcomes will be personally satisfying.


Expedited Charge - A charge payable to the Carrier by the subscriber for installation of service within a shorter period of time than is convenient for the Carrier.


expense account: amount of money that an employee or group of employees can draw on to reclaim personal expenses incurred in carrying out activities for an organization.


Expenses - Any costs that go along with the sales made to customers in this period. It does not matter when these bills were paid, only that they are matched to the sales that are listed.


Expenses: personal costs incurred by an employee in carrying out activities for an organization that are reimbursed by the employer.


Experience Curve - In business, when costs fall and production increases as a result of increase in workers skills and lower material costs.


Expert System - A computer software system which can provide expert knowledge for a specific problem when users ask a series of questions.


Export / Exportation :To send an item, a service, an idea or a person from one country to another to be sold.


Export - Any resource, intermediate good, or final good or service that producers in one country sell to buyers in another country.


Export Administration Regulations (EAR) - EAR carry both civil and criminal penalties. The EAR are available by subscription from the Superintendent of Documents, U.S. Government Printing Office, Washington, D.C. 20401 (tel no: 202-275 2091).


Export agent: an intermediary who acts on behalf of a company to open up or develop a market in a foreign country. Export agents are often paid a commission on all sales and may have exclusive rights in a particular geographic area.


Export Broker - An individual or firm that helps to locate and introduce buyers and seller in international business for a commission but does not take part in actual sales transaction.


Export credit / Crédit export :This technique covers all the financing mechanisms to which an exporter may use. The different types of export credit are the so-called administered credits, purely secured credit and open credit (simple bank credit). These different types of credit can be divided into two groups: buyer's credit, which is a form of credit granted to the buyer to allow him to settle his debt in cash; and supplier credit, which is a discount on the debt held by the buyer who has granted a term of payment to his buyer.


Export Credit - A loan taken out by an importer with a bank in an exporters country, so that the importer can buy foreign goods and pay for them at a later date.


Export Credit Insurance - Insurance provided to exporters in order to protect them against commercial and political risks.


Export Declaration - A control document that lists information on an export including amount, nature, and value.


Export Factoring - A facility offered by banks to exporters. The bank is responsible for collecting payments for exported goods, so that the exporter can borrow money from the bank before the goods have been paid for by the customers.


Export Financing Interest - In the U.S. tax code, interest income derived from goods manufactured in the United States and sold outside the United States as long as not more than 50 percent of the value is imported into the United States.


Export licence (import licence) / Licence d'exportation (d'importation) :The licence is an administrative document to control external trade, authorising the import or export of certain products subject to the quota regime. Document delivered, as a counterpart for a security, by the agricultural authorities to export certain agricultural products to countries outside the European Union.


Export License - A general export license covers the exportation of goods not restricted under the terms of a validated export license. No formal application or written authorization is needed to ship exports under a general export license.


Export Restraints - Quantitative restrictions imposed by exporting countries to limit exports to specified foreign markets, usually as a follow-up to formal or informal agreements reached with importing countries.


Export Subsidies - Any form of government payment that helps an exporter or manufacturing company to lower its export costs.


Export Trading Company (ETC) - A company that facilitates the export of goods and services. An ETC can either act as the export department for producers or take title to the product and export for its own account.


Export-Import Bank of the United States (Ex-Im Bank) - The official export credit agency of the United States with the mission of assisting financial export of U.S. goods and services to international markets. Ex-Im Bank enables U.S. companies — large and small — to turn export opportunities into real sales that help to maintain and create U.S. jobs and contribute to a stronger national economy.


Exporting: the process of selling goods to other countries.


Exposition - A public event at which businesses, that produce related goods, can showcase their products and/or services.


Express terms - the terms actually stated in the contract. These can be the written terms, or verbal ones agreed before or at the time the contract is made - see implied terms.


Expressions of interest:A published notice inviting businesses to register their interest in a future procurement. The government agency may use the information provided as a basis for conducting a future limited or selective offer process. Registering your interest for an expression of interest does not guarantee that you will be invited for a future approach to market, or that the procurement will ultimately proceed.


The above details describes about terms called in business such as Exemption clauses, Exit Strategy,Expedited Charge,Expert System ,Export / Exportation,Export Broker,Export Factoring,Export Restraints,Export Subsidies etc. These phrases may help importers and exporters on their day to day business activities. The readers can also add more information about terms used in business trade below this post.Terms used in trade such as European Central Bank,European Economic Area,European Union,Ex Stock ,Ex Works (EXW) etc

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Arjunan: we are very happy to identify you as expert in trades guidelines.The foundation is working against the environment disorder and pollution caused by the industries in Pondicherry region.As such, we identified one pharmaceutical industry in pollution disputes(proved) and now this is under jurisdiction of Central pollution control Board custody.Being the firm is export the drugs, we would like to restore the export activity till the final output of the disputes.Therefore, I request you to kindly guide us to take up this issue to the competent authorities.Thanking you

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