customs bond


customs bond
customs bond customs bond bond

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customs bond UK US noun [C] TAX, COMMERCE
a type of insurance that someone who is importing goods must have, in which they promise to pay any necessary taxes and obey the rules for importing goods: »

We can negotiate highly competitive customs bond rates for you.

»

Every importer should educate themselves on the US Customs bond.


Financial and business terms. 2012.

Look at other dictionaries:

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  • bond — [[t]bɒ̱nd[/t]] ♦♦ bonds, bonding, bonded 1) N COUNT: oft N between pl n A bond between people is a strong feeling of friendship, love, or shared beliefs and experiences that unites them. The experience created a very special bond between us.… …   English dictionary

  • Bond of 1844 —    A treaty, signed on March 6, 1844, by the King of Denkera and seven Fanti and Assin chiefs, acknowledging British “power and jurisdiction” over their respective territories on the Gold Coast. By the end of the year, the rulers of a dozen more… …   Encyclopedia of the Age of Imperialism, 1800–1914

  • bond store — /ˈbɒnd stɔ/ (say bond staw) noun a warehouse licensed under the Customs Act for the storage of goods on which duty has not yet been paid …   Australian English dictionary