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drawback
(redirected from duty drawback)

   Also found in: Legal, Financial, Encyclopedia, Wikipedia 0.02 sec.
draw·back  (drôbk)
n.
1. A disadvantage or inconvenience. See Synonyms at disadvantage.
2. A refund or remittance, such as a discount on duties or taxes for goods destined for reexport.

drawback
Noun
a disadvantage or hindrance
Verb
draw back
1. to move backwards: the girl drew back as though in pain
2. to turn aside from an undertaking: the prime minister drew back from his original intention
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.drawback - the quality of being a hindrance; "he pointed out all the drawbacks to my plan"
disadvantage - the quality of having an inferior or less favorable position
catch, gimmick - a drawback or difficulty that is not readily evident; "it sounds good but what's the catch?"

drawback
Translations
drawback [ˈdrɔːbæk] ninconveniente m; desventaja
drawback [ˈdrɔːbæk] draw ninconvénient m, désavantage m
drawback [ˈdrɔːbæk] draw nNachteil m
drawback [ˈdrɔːbæk] nsvantaggio, inconveniente m


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? Mentioned in ? References in periodicals archive
 
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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