free port

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free port

n.
A port or an area of a port in which imported goods can be held or processed free of customs duties before reexport.

free port

n
1. (Commerce) a port open to all commercial vessels on equal terms
2. (Commerce) Also called: free zone a zone adjoining a port that permits the duty-free entry of foreign goods intended for re-export

free′ port′


n.
a port or special section of a port where goods may be unloaded, stored, and shipped without payment of customs duties.

Free•port

(ˈfriˌpɔrt, -ˌpoʊrt)

n.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.free port - an area adjoining a port where goods that are intended for reshipment can be received and stored without payment of duties
area, country - a particular geographical region of indefinite boundary (usually serving some special purpose or distinguished by its people or culture or geography); "it was a mountainous area"; "Bible country"
2.free port - a port open on equal terms to all commercial vessels
port - a place (seaport or airport) where people and merchandise can enter or leave a country
Translations

free port

nporto franco
References in periodicals archive ?
Provision of a long-term senior secured loan of up to EUR 65 million in favour of Porto Franco OU ("Porto Franco" or the "Company"), a special purpose vehicle incorporated in Estonia, to develop and operate a mixed-use urban regeneration project in Tallinn, Estonia.
Under the terms of the deal, ADM will become owner of integrated crush and oil refining/bottling facilities in UberlA[cent sign]ndia and Porto Franco. ADM will also gain access to an extensive network of origination and storage silos throughout northeastern and southeastern Brazil.
Archer Daniels Midland announced that it has reached an agreement to purchase certain assets of Brazil-based Algar Agro, including oilseeds processing facilities in Uberlandia in the state of Minas Gerais, and Porto Franco in Maranhao.