General Agreement On Tariffs And Trade (GATT) at Business Glossary

What is it? Both a multilateral trade agreement aimed at expanding international trade and the organization which oversees the agreement. The main goals of GATT are to liberalize world trade and place it on a secure basis thereby contributing to economic growth and development and the welfare of the worlds people. The organization, GATT, has been succeeded by the World Trade Organization (WTO).

Business Dictionary Term Definition Added By: Hunter

Send To Friends!

If you'd like to send the General Agreement On Tariffs And Trade (GATT) definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of General Agreement On Tariffs And Trade (GATT). If you need any more information on this term, please don't hesitate to contact us.

Other Similar Business Terms:

Business Term FTTA is See Federal Technology Transfer Act.

Business Term Free On Board (FOB) is A trade term requiring the seller to deliver goods via a method of transportation designated by the buyer. The seller fulfills its obligations to deliver when the goods have passed through the sellers ownership and prepared for delivery to the buyer.

Business Term Cash flow is In investments, it represents earnings before depreciation , amortization and non-cash charges. Sometimes called cash earnings. Cash flow from operations (called funds from operations ) by real estate and other investment trusts is important because it indicates the ability to pay dividends.

Business Term Limited Partnership is A partnership in which at least one of the partners is a general partner who conducts the business and has personal liability for the partnership debts, and at least one of the other partners is a special partner who shares in the profits and losses but their liability is limited to the sum they contribute to the partnership.

Business Term DAG is See Directors Advisory Group.