Business Terms and Jargon Explained

What is Free Circulation

Goods are in Free Circulation if they are wholly produced in the European Union (EU), unless they are Common Agricultural Policy (CAP) goods on which an Export Refund has been claimed. Goods imported from outside the EU are in Free Circulation if all import formalities have been completed and all Customs charges have been paid and not refunded, wholly or in part.

Crown Copyright. Material taken from HM Revenue & Customs. Reproduced under the terms and conditions of the Click-Use Licence.

<- Go Back
Business Terms Home page

Search Jargon and Terms Database

A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z


Search Term   

Sin Tax Local Justice Area Royal Mint
Proxy Interchange fee Addendum
Quasi-corporations Operating System SHA256
Application Faciendum Group Incentive
Privileged Will Intermediate Consumption Invention
Materiality Notice to quit Rights Issues
Give as you earn (GAYE) Management buy in Money Trail
MINT Accepting house Conversion Costs
COO Capital Adequacy Economically Inactive
NGO Ratio decidendi Continuous Supply Of Goods
Remote Access Temporary Importation Third Country
Bimonthly Bonded Goods Inter alia
Altcoin Market risk Contingent Beneficiaries

Term created / updated 2007-06-15 14:30:58

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

Copyright © 2004-2020 Scopulus Limited. All rights reserved.