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Trade - Law Dictionary Search Results

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open market

open market : a freely competitive market in which any buyer or seller may trade and in which prices are determined by competition

GATT

GATT General Agreement on Tariffs and Trade see also the Important Laws section

free

Code"] 4 : not bound, confined, or detained by force [ on bail] 5 a : having no trade restrictions b : not subject to government regulation c of foreign exchange : not subject to restriction or

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ordinary income

income that does not derive from the exchange or sale of capital assets or property used in one's trade or business and that for individuals includes compensation, interest, dividends, and short-term capital gains

commission

: a group of persons directed to perform a duty b usu cap : a government agency [Federal Trade Commission] see also agency c : a city council having legislative and executive functions 4 : an act

antitrust

or being legislation against or opposition to business trusts or combinations ;specif : consisting of laws to protect trade and commerce from unlawful restraints and monopolies or unfair business practices see also Clayton Antitrust Act and Sherman

arbitrary mark

arbitrary mark : a trademark, service mark, or trade name that is not indicative of the nature of the goods or services

board

Relations Board in the Important Agencies section 3 : a securities or commodities exchange see also board of trade

boot

section 1031, no tax liability results from an exchange solely of like-kind property used in a business or trade or held for investment. If the exchange includes boot, however, under section 1245 the boot will be treated

combination

states, or esp. corporations united to achieve a common (as economic) end see also combination in restraint of trade compare joint venture, merger b : conspiracy 2 : a union of old or new elements or parts

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