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.

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Asset Allocation Convertible securities Stamp duty
Expert witness Additur Customs Action Text
Balance of trade (BOT) Continuous Supply Of Services Personal data
Fixer Affirmation Balance Transfer
Biweekly Medium of exchange Free Zone Manager
Backpay Loan Agreement Bank Wire
Bequest Peripheral Credit Derivatives
Madrid Protocol Wealth management Patch
Your Honour DAN DLL
In pleno Bonded Goods Warrant of commitment
Decruit Public corporations Write off
Won Puisne Judge Management buy in
Dominium mutatis mutandis Homogeneity

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

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