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free port |
Also found in: Encyclopedia, Wikipedia, Hutchinson | 0.04 sec. |
free port n
1. (Business / Commerce) a port open to all commercial vessels on equal terms 2. (Business / Commerce) Also called free zone a zone adjoining a port that permits the duty-free entry of foreign goods intended for re-export ThesaurusLegend: Synonyms Related Words Antonyms
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Valdez is the northernmost year-round ice free port in America, and this year we had a special guest to observe operations, Col. Maximum distribution flexibility is provided by those international air cargo centers, such as Schiphol Airport, that specialize in distribution facilities on a free port basis. Now, in formal recognition of this action, Beijing is setting up Xiamen as an official free port to cultivate such trade with Taiwan. |
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