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drawback |
Also found in: Legal, Financial, Encyclopedia, Wikipedia | 0.03 sec. |
drawback [ˈdrɔːˌbæk] n 1. a disadvantage or hindrance 2. (Business / Commerce) a refund of customs or excise duty paid on goods that are being exported or used in the production of manufactured exports vb draw back (intr, adverb; often foll by from)
1. to retreat; move backwards 2. to turn aside from an undertaking ThesaurusLegend: Synonyms Related Words Antonyms
drawback noun disadvantage, trouble, difficulty, fault, handicap, obstacle, defect, deficiency, flaw, hitch, nuisance, snag, downside, stumbling block, impediment, detriment, imperfection, hindrance, fly in the ointment (informal) The only drawback was that the apartment was too small. help, benefit, gain, advantage, asset Translations drawback n → Nachteil m drawback [ˈdrɔːˌbæk] n → inconveniente m, svantaggio drawback [ˈdrɔːˌbæk] n → inconveniente m, svantaggio How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Incentives are a popular mechanism for attracting foreign direct investment Percent of 103 countries surveyed Tax holidays 65% Import duty exemption 61% Duty drawback 48% Accelerated depreciation 46% Investment allowances 25% Source: UNCTAD 1995; McKinsey Global Institute. But we do have concerns about the agreement, mainly dealing with these areas: rules of origin, manmade fibers, the tariff phase-out, non-tariff barriers, the duty drawback, subsidies, antidumping, countervailing duties, dispute settlement and resolution, intellectual property rights and foreign investment. While other applications serving this market may not address needs like Landed Cost, Vessel Management, Duty Drawback, Entry and Broker Management, ERP Plus provides these critical sourcing needs out of the box. |
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