FDI & Export Glossary Flashcards
Offer guidance, mentorship & capital to develop start-ups with the intention of helping them grow in national and global markets
Accelerator (business)
The process of entering into an existing treaty that has already been signed and enacted by other parties. Has the same legal binding effect of ratification.
Accession (treaty)
A tax levied in proportion to the value of a taxed item. For example, local property taxes are generally ad valorem taxes. Many export duties are also ad valorem taxes. More generally rates according to value rather than weight or number of units.
Ad valorem
A loan secured by turning over shipment documents of title to the creditor; an alternative to acceptance financing.
Advance against documents
Activities that create a more favorable business and operating environment for foreign businesses; range from providing post-establishment facilitation services to developmental support for new foreign investors.
Aftercare
An investor who provide equity investment to start-up businesses
Angel investor
The increase in the value of an asset
Appreciation
The Association of Southeast Asian Nations is a political and economic organization of ten countries: Indonesia, Malaysia, the Philippines, Singapore, Thailand, Brunei, Cambodia, Laos, Myanmar & Vietnam
ASEAN
Bank that fosters economic growth and cooperation and accelerates economic development in the region of Asia and the Far East
Asian Development Bank (ADB)
Business property acquired at a measurable cost, the use of which is related to the business operations.
Asset
Occurs when a foreign firm seeks local companies to supply parts
Backward vertical transfer
A quantifiable measure of economic competitiveness and quality of life collected on a regular basis. Used to measure a region’s economic status and progress against comparable regions.
Benchmark
Between 2 Countries
Bilateral
Also called a foreign buyers check. Negotiable form of payment from the seller/exporter to the buyer/importer.
Bill of Exchange
A document issued by a carrier that details a merchandise shipment and assigns title of the merchandise to some party.
Bill of Lading (BoL)
A site operated as part of a foreign parent corporation’s operations, rather than a separate entity
Branch
Used to determine the concerns, plans, and community relations of businesses.
Business Retention & Expansion Surveys
Ranking from the Economist Intelligence Unit, designed to replicate the main criteria major corporations use in deciding where to invest.
Business environment ranking
The aggregate of local government, labor and business attitudes toward business.
Business Climate
Entity that nurtures and supports young companies until they are viable, providing them with affordable space, technical and management support, equity and long-term debt financing and employment.
Business Incubator (or Incubator)
Traditional approach to economic development, in which companies are enticed to relocate or set up a new branch operation in a place.
Business recruitment and attraction (‘smokestack chasing’)
Systematic effort to keep local companies operating at their present locations. Includes assisting companies to cope with changing economic conditions.
Business retention & expansion (BR&E)
The act of developing an organization’s ability to effectively undertake a project. This can be accomplished with technical assistance, networking, conferences and workshops.
Capacity Building
Property, both financial and physical, from which income is derived, and which can be used to produce additional wealth
Capital